From Fraser Institute <[email protected]>
Subject Fiscal policy and recessions, and Westbank first nation prosperity
Date September 21, 2019 5:00 PM
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FRASER UPDATE
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Latest Research Sep 16-22, 2019
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Policymakers must consider automatic policy responses to recessions—EI benefits increased by nearly $5 billion in 2009
Fiscal Policy and Recessions: A Primer on Automatic Stabilizers finds that in 2009, during the last recession, spending on unemployment benefits by the federal employment insurance (EI) program increased automatically by nearly $5 billion—or 43.4 per cent—as unemployment increased.
Read More ([link removed])

Small B.C. First Nation uses property rights to generate prosperity for its members
Property Rights and Prosperity: A Case Study of Westbank First Nation finds that Westbank, a small First Nation in British Columbia’s southern Interior, employs a system of property law that allows band members to buy and sell real estate and generate significant revenue for individuals and the community.
Read More ([link removed])

Recent Commentary and Blog Posts
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Ford government remains Wynne-like with the deficit ([link removed])
(Appeared in the Toronto Sun) by Ben Eisen. 
Ontario’s debt burden is forecasted to increase by $48.2 billion between 2018 and 2023.

All parties should learn from Quebec’s universal prescription drug program ([link removed])
(Appeared in the Daily Gleaner) by Yanick Labrie.
Quebec now has the lowest per capita health costs of any province.

Homebuyer plan unlikely to work, for at least two reasons ([link removed])
by Josef Filipowicz and Finn Poschmann. 
Increasing demand for something in short supply will result in higher prices.

Low-income families in Canada hit hard by high effective tax rates ([link removed])
(Appeared in the Brandon Sun) by Philip Bazel.
Low-income individuals and families facing high METRs would benefit from lower claw-back rates.

Hong Kong fights for rule of law—and more ([link removed])
(Appeared in the Svensk Tidskrift) by Tanja Porčnik.
In China, the legal system is used to silence people who do not support the state.

Court ruling exposes Ottawa’s failure to get Indigenous consultation right ([link removed])
(Appeared in the Thunder Bay Chronicle-Journal) by Ashley Stedman and Elmira Aliakbari. 
The latest economic data show continued declines in business investment.

The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute's independence, it does not accept grants from governments or contracts for research. For more, call (800) 665-3558 ext. 590.

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