From Fraser Institute <[email protected]>
Subject The growing debt burden, and Increasing productivity through tax reform
Date February 6, 2021 6:00 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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Canada’s combined federal-provincial debt will reach $2 trillion in 2020/21
The Growing Debt Burden for Canadians: 2021 Edition is a new study that finds combined federal and provincial government debt in Canada has doubled from $1.0 trillion in 2007/08 to a projected $2.0 trillion this year. And the combined debt now equals 91.6 per cent of the Canadian economy—up from 65.2 per cent last year.
Read More [[link removed]]

Tax reform key to economic growth and four-day work week
Increasing Productivity Through Tax Reform argues that if governments across Canada want to help increase productivity—and the possibility of a four-day work week—they should lower tax rates on business, capital gains and personal income.
Read More [[link removed]]


Commentary and Blog Posts
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Natural gas plays vital role in fuelling Ontario [[link removed]]
(Appeared in the National Post) by Ross McKitrick
Power systems that add a lot of wind energy must also add more natural gas capacity as a reserve supply.

Capital gains tax hike would be disastrous for economic recovery [[link removed]]
(Appeared in the Toronto Sun) by Alex Whalen and Jason Clemens
Higher capital gains taxes reduce the incentive for investment and entrepreneurship.

Governments in Atlantic Canada should increase space for the private sector [[link removed]]
(Appeared in the Halifax Chronicle Herald) by Fred McMahon
Ottawa spent nearly $178,466 per person in Atlantic Canada but raised only $95,513 per person from the region.

School Enrolment in Canada, Part 2: More Canadian parents choosing independent schools [[link removed]]
by Paige MacPherson
The four western provinces and Quebec provide tuition support to parents who choose independent schools.

B.C. makes progress on surgery backlog—but serious challenges remain [[link removed]]
by Bacchus Barua and Mackenzie Moir
The provincial government contracted several private surgical clinics to help clear the backlog.

Kenney can’t become complacent about Alberta’s government debt [[link removed]]
(Appeared in the Calgary Sun) by Tegan Hill
The province's net debt will reach a projected $63.5 billion in 2020/21.

School Enrolment in Canada, Part 3: Homeschooling on the rise in every province [[link removed]]
by Paige MacPherson
Only three provinces—B.C., Alberta and Saskatchewan—offer government funding for homeschooling.


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