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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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Canada’s health-care wait times hit 22.6 weeks in 2020—longest ever recorded
Waiting Your Turn: Wait Times for Health Care in Canada, 2020 is a new study that finds Canada’s health-care wait times reached 22.6 weeks in 2020—the longest ever recorded—and 143 per cent higher than the 9.3 weeks Canadians waited in 1993, when the Fraser Institute began tracking medical wait times. Before this year, the longest recorded wait time was 21.2 weeks in 2017. Atlantic Canada has the longest wait times in the country this year, and Ontario recorded the shortest wait time, which was still more than four months long.
Read More [[link removed]]
New book explains genesis and key contributions of Austrian school of economics
The Essential Austrian Economics is a new book, website and animated video series that explores the key tenets of the Austrian school of economics—which emphasizes the preferences and actions of individuals—in an easily accessible way. Topics include government interventionism, business cycles, the market process, economic calculation and marginal thinking.
Read More [[link removed]]
Commentary and Blog Posts
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Trudeau government’s economic stimulus plan makes little sense [[link removed]]
(Appeared in the Ottawa Sun) by Jake Fuss
The government plans to spend up to $100 billion for economic stimulus over the next three years.
Canada’s ‘Fiscal Stabilization’ program—what is it, and is it working well? [[link removed]]
by Ben Eisen and Tegan Hill
The Trudeau government raised the cap from $60 per person to $170.
Rising debt-interest payments further threaten Alberta government’s deteriorating fiscal situation [[link removed]]
(Appeared in the Calgary Sun) by Tegan Hill and Steve Lafleur
Government debt interest will cost Albertans a projected $3.0 billion by 2022/23.
Future economic growth in B.C. rests on shaky foundation [[link removed]]
(Appeared in Business in Vancouver) by Steven Globerman
Future immigration into B.C. may not match pre-COVID levels.
Maritime provinces could soon see smaller slice of equalization pie [[link removed]]
(Appeared in the New Brunswick Telegraph-Journal) by Ben Eisen and Milagros Palacios
As a share of the province’s total government revenue, New Brunswick’s equalization payments fell from 23.7 per cent to 19 per cent.
Federal finances ‘careening downhill’ fast [[link removed]]
by Livio Di Matteo
The federal net debt may rise from $812.9 billion in 2019-20 to more than $1.4 trillion by 2025-26.
Atlantic provinces addiction to big government suppresses economic growth [[link removed]]
(Appeared in the Bluenose Bulletin) by Fred McMahon
Sweden compensates for its big government with an open free-market economy and business-friendly laws.
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