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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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Ottawa’s $170 per tonne carbon tax by 2030 will result in nearly 200,000 lost jobs
Estimated Impacts of a $170 Carbon Tax in Canada finds that the federal government’s plan to impose a $170 per tonne carbon tax by 2030 will result in 184,377 fewer jobs nationwide and cause a 1.8 per cent drop in Canada’s Gross Domestic Product (GDP), which in 2019 would represent a loss to the economy of about $38 billion.
Visit the website [[link removed]]


Commentary and Blog Posts
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Federal government’s 'industrial policy' creates all the wrong incentives [[link removed]]
(Appeared in the Toronto Sun) by Matthew Lau
Economic decision-making should be dispersed among individuals, not centralized.

Policy uncertainty continues to hurt Canada’s mining industry [[link removed]]
(Appeared in Edmonton's Business) by Jairo Yunis and Elmira Aliakbari
Fully 78 per cent of survey respondents cited disputed land claims as deterrents to investment in B.C.

Ontario’s debt legacy makes balancing budget harder [[link removed]]
by Ben Eisen and Jake Fuss
According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest.

P.E.I. budget misses mark with government spending increase [[link removed]]
by Alex Whalen
The provincial government projects a $112 million operating deficit this year.

COVID will cast long shadow over future generations [[link removed]]
(Appeared in the Globe and Mail) by Fred McMahon
An OECD study suggested a 3 per cent COVID-related lifetime loss in income.

Higher minimum wages do not lower poverty rates [[link removed]]
(Appeared in the National Review) by Philip Cross
The youth employment rate fell by a full point in Ontario between late 2017 and early 2020.

Higgs government shows spending restraint—but long-term challenges loom [[link removed]]
(Appeared in the News Brunswick Telegraph-Journal) by Alex Whalen and Jake Fuss
New Brunswick's provincial government debt will eclipse $14 billion this year.


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