From Fraser Institute <[email protected]>
Subject Costs and tax implications of a guaranteed annual income, and Changing size of government
Date September 19, 2020 5:00 PM
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FRASER UPDATE
A weekly digest of our latest research, commentary, and blog posts
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Latest Research
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Guaranteed Annual Income could cost between $131.9 billion and $464.5 billion a year
How Much Could A Guaranteed Annual Income Cost? finds that if the federal government introduces a Guaranteed Annual Income program, it could cost taxpayers between $131.9 billion and $464.5 billion a year. This study estimates the potential costs of four different potential GAI programs including different options for reducing program costs by “phasing out’ the benefit as an individual’s income rises.
Read More [[link removed]]

Goods and Services Tax (GST) could increase from current 5% to a staggering 105% to cover costs of a Guaranteed Annual Income program
Illustrating the Tax Implications of a Guaranteed Annual Income finds that the federal Goods and Services Tax (GST) would have to increase from the current five per cent to between 26.25 and 105.35 per cent in order to cover the cost of potential Guaranteed Annual Income programs.
Read More [[link removed]]

Size of government on the rise across Canada; exceeds optimal levels for maximum economic growth [[link removed]]
The Changing Size of Government in Canada is a new study that finds the combined size of the federal, provincial and municipal governments increased in every province, relative to the size of their economies, except Saskatchewan and Prince Edward Island over the past 10 years.
Read More [[link removed]]


Commentary and Blog Posts
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Court ruling locks patients into government-run health care [[link removed]]
(Appeared in the Calgary Sun) by Nadeem Esmail and Bacchus Barua
More than one million patients in Canada waited almost 20 weeks (on average) for medically necessary care last year.

Ontario parents deserve more school choice [[link removed]]
(Appeared in the Toronto Sun) by Derek J. Allison
All major European countries fund non-government schools.

Trudeau government eyeing massive new social programs [[link removed]]
by Jason Clemens and Milagros Palacios
The federal budget deficit in 2020-21 is an esitmated $343.2 billion.
Spike in household savings rate only temporary [[link removed]]
by Alex Whalen and Jake Fuss
The second quarter saw a spike to 28.2 per cent, the highest savings rate since at least 1961.

Trudeau government eyeing massive new social programs [[link removed]]
by Jason Clemens and Milagros Palacios
The federal budget deficit in 2020-21 is an esitmated $343.2 billion.

Trudeau government should learn from Ontario’s green energy failure [[link removed]]
(Appeared in the National Newswatch) by Elmira Aliakbari and Jason Clemens
Residential electricity prices increased 71 per cent in Ontario.

Six reasons to support school choice in Canada [[link removed]]
by Derek J. Allison
Independent schools are more willing to try new ways of teaching, organizing and operating.

Post-Secondary Policy Webinar
Climate Innovations: Real Solutions to Real Problems [[link removed]]
This Tuesday, September 22nd at 11 am PST, one of TIME Magazine’s top 100 most influential people in the world, author and think tank leader, Bjørn Lomborg will launch the Institute’s fall line-up of virtual student seminars explaining to Canadian students speaking on “Climate Innovations: Real Solutions to Real Problems”. We know you will want to share this opportunity with young people in your life who would benefit from hearing these ideas. View all our Post-Secondary Policy Webinars [[link removed]].


SUPPORT THE FRASER INSTITUTE
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