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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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Federal spending on benefits for families with children up more than 68% since 2014/15, financed entirely by deficits
Financing the Canada Child Benefit, part two of an essay series on the Canada Child Benefit (CCB), finds that federal spending on benefits for eligible families with children through the CCB increased by 68.5 per cent from fiscal year 2014/15 to 2019/20—financed entirely by borrowing.
Read More [[link removed]]
ICBC monopoly keeps auto insurance rates high
Reforming BC Auto Insurance to Benefit Consumers finds that the Government of British Columbia’s ICBC reforms haven’t gone far enough and maintain ICBC’s monopoly on basic automobile insurance—which keeps rates higher than they would be in a more open insurance market.
Read More [[link removed]]
New book summarizes key ideas of Robert Nozick, a giant of 20th century political philosophy
The Essential Robert Nozick spotlights the philosophy professor whose 1974 book Anarchy, State, and Utopia—which argues for the supremacy of individual rights and minimal role for government—helped establish the classical liberal or libertarian perspective as a viable alternative to socialism.
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Quebec high schools show improvement in every corner of province
The Report Card on Quebec’s Secondary Schools 2020 ranks 473 public, independent, Francophone and Anglophone schools based largely on the results from provincewide tests in French, English, science and mathematics. The Report Card provides parents and educators with objective information that’s difficult to find anywhere else, which is why it’s the go-to source for school performance in Quebec.
Read More [[link removed]]
Commentary and Blog Posts
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Post-COVID recovery should encourage growth of private sector in Canada [[link removed]]
(Appeared in the Calgary Sun) by Steven Globerman
The relative size of government in Canada is well beyond the “optimal” size for promoting productivity growth.
Canada’s spending and deficits higher than comparable countries during pandemic [[link removed]]
by Jake Fuss, Jason Clemens, and Milagros Palacios
Canada ranks 6th highest among 35 high-income for the share of the economy represented by government spending.
Mandatory switching of biologic drugs—beware of potential side-effects [[link removed]]
by Yanick Labrie
Last year, British Columbia became the first province to introduce a mandatory biosimilar switching program for non-medical reasons.
High spending and persistent deficits have driven Alberta’s government debt problem [[link removed]]
by Tegan Hill and Milagros Palacios
Alberta's budget deficit will hit a projected $24.2 billion in 2020/21.
Focus on economic growth and the Millennials will be alright [[link removed]]
(Appeared in National Newswatch) by Niels Veldhuis and Jason Clemens
In Canada, housing and pension assets comprise the largest sources of household wealth.
New poll exposes key problems with any national pharmacare plan [[link removed]]
(Appeared in National Newswatch) by Bacchus Barua
Every province offers drug coverage to social assistance recipients at low or no cost.
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