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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 aging population will reduce labour force participation, slow economic growth, and exacerbate government budget deficits
The Implications of Slowing Growth in Canada’s Labour Force is a new study that finds Canada’s shrinking labour force participation rate will likely hinder economic recovery and contribute to rising budget deficits in governments across the country. The percentage of Canadians working or looking for work has continued to drop for decades, predating the COVID-19 pandemic.
Read More [[link removed]]
2021 Federal Budget Analysis
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Trudeau ‘childcare’ plan remains opaque, contradicts other federal policy [[link removed]]
(Appeared in the Financial Post) by Jason Clemens and Jake Fuss
The plan calls for $27.2 billion over the next five years to reduce daycare costs.
Federal ‘stimulus’ spending will likely arrive late with minimal benefits [[link removed]]
(Appeared in the Toronto Sun) by Alex Whalen and Jake Fuss
The government says $101 billion in stimulus spending is required for “sustained economic recovery.”
Trudeau government pushes national childcare onto premiers’ plate [[link removed]]
by Lydia Miljan
Budget 2021 includes $30 billion over five years for national childcare.
Trudeau government spending large on Canada’s credit card [[link removed]]
(Appeared in the Epoch Times) by Jason Clemens and Jake Fuss
Federal program spending in 2021/22 is $54.4 billion higher than planned in November 2020.
Federal budget speech disregards key drivers of economic prosperity [[link removed]]
by Jake Fuss and Jason Clemens
From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation.
Federal budget lacks realistic recovery plan despite all the red ink [[link removed]]
by Jake Fuss and Alex Whalen
The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999.
Commentary and Blog Posts
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Conservative climate plan falls flat [[link removed]]
(Appeared in the Calgary Sun) by Elmira Aliakbari and Jairo Yunis
The plan introduces a new package of regulations including a renewable gas mandate.
Global corporate tax cartel would be good for politicians, bad for workers [[link removed]]
by Daniel Mitchell
The Biden administration plans to increase the U.S. federal corporate tax rate from 21 per cent to 28 per cent.
B.C. budget lacks effective plan for finances and economy [[link removed]]
by Tegan Hill and Jake Fuss
Program spending is projected to increase from pre-pandemic levels by 15.2 per cent in 2021/22.
On Earth Day, we should celebrate Canada’s environmental track record [[link removed]]
by Jairo Yunis and Elmira Aliakbari
Per-capita solid waste disposal declined by 10 per cent between 2002 and 2018.
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