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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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Cost of Elderly Benefits projected to reach $103.2 billion by 2030, an increase of 70%
Canada’s Aging Population and Income Support Programs is a new study that finds from 2020 to 2030, as a result of the growing number of seniors in Canada, the cost of Old Age Security and the Guaranteed Income Supplement will increase by almost 70 per cent, from $60.8 billion to over $103 billion.
Read More [[link removed]]
New book explores key ideas of famed economist James Buchanan
The Essential James Buchanan spotlights the famed American economist who pioneered the use of economics to understand how decisions are made collectively—particularly in politics.
Visit the Website [[link removed]]
Commentary and Blog Posts
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Wrongheaded policy proposal targets ‘diverse businesses’ in Ontario [[link removed]]
(Appeared in the Toronto Sun) by Matthew Lau
Since firms already have powerful incentives not to unfairly discriminate, government efforts encouraging diversity are redundant at best.
Wait times—the other health-care crisis [[link removed]]
by Mackenzie Moir and Bacchus Barua
The elective surgery queue cost 1.2 million Canadians a total of $2.8 billion in lost wages and productivity.
Kenney shouldn’t bank on resource revenues to balance budget—despite high commodity prices [[link removed]]
(Appeared in the Calgary Sun) by Tegan Hill
A reliance on non-renewable resource revenue has caused trouble for the provincial finances for decades.
Reliance on housing investment creates prosperity mirage in Ontario [[link removed]]
by Livio Di Matteo
The provincial net debt-to-GDP ratio went from about 5 per cent in the 1960s to more than 40 per cent in 2020.
Tax cuts could create 110,000 jobs for Canadians [[link removed]]
by Jake Fuss and Ergete Ferede
Several provinces now have top combined income tax rates exceeding 50 per cent.
Here’s what the Trudeau government won’t tell you about its $170 carbon tax [[link removed]]
(Appeared in the Calgary Sun) by Ross McKitrick and Elmira Aliakbari
Cutting emissions by 25 per cent would impose a permanent cost of about 2.0 per cent of GDP.
Despite Alberta pleas, Trudeau government maintains ‘stabilization’ status quo [[link removed]]
by Tegan Hill and Ben Eisen
The program offset just 3.5 per cent of Alberta’s year-over-year revenue loss.
Canada’s aging labour force threatens COVID recovery and future prosperity [[link removed]]
(Appeared in the Winnipeg Free Press) by Philip Cross
In 2020, immigration fell sharply while mortality rose.
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