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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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Canadians wait more than 450 days longer for access to new medicines than Americans and Europeans
Timely Access to New Pharmaceuticals in Canada, the United States, and the European Union is a new study that finds Canadian patients are waiting, on average, more than 450 days longer than Americans and Europeans to access new, potentially life-saving drugs. That’s because pharmaceutical companies are reluctant to launch new drugs in Canada because of a number of factors including the smaller market size, weaker intellectual property protections, and the federal government’s strict pricing policies.
Read More [[link removed]]


Commentary and Blog Posts
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Federal government’s OAS increase typifies bad policy [[link removed]]
(Appeared in the Financial Post) by Jason Clemens, Milagros Palacios, and Niels Veldhuis
The government expects to borrow $331.9 billion over the next five years, bringing the national debt to at least $1.5 trillion.

Federal spending spree continues to outpace budget projections [[link removed]]
(Appeared in the Ottawa Sun) by Jake Fuss
In 2021/22, federal program spending is projected to increase by roughly $51.0 billion.

Trudeau government’s new climate target much more costly than Biden plan [[link removed]]
(Appeared in the Edmonton Sun) by Jairo Yunis and Elmira Aliakbari
If Canada removed all fossil-fuel cars from the roads, emissions would only drop by 5 per cent.

Health-care spending may spike by 88 per cent due to Canada’s aging population [[link removed]]
(Appeared in the Edmonton Sun) by Steven Globerman
Canadians aged 65 and older will account for a projected 23.4 per cent of the population in 2040.

Provinces should ask for more health-care freedom—not more money [[link removed]]
(Appeared in the Hub) by Bacchus Barua and Ben Eisen
Canada already ranked among the highest health-care spenders in the world before the pandemic.

Eliminating patent rights for COVID vaccines will do more harm than good [[link removed]]
(Appeared in the Vancouver Sun) by Steven Globerman
Pharmaceutical companies heavily rely on patents as their main vehicle to protect intellectual property.

N.L. students falling behind in mathematics [[link removed]]
(Appeared in the St. John's Telegram) by Derek J. Allison and Alex Whalen
In the recent PISA assessment, the province’s score dropped well below the Canadian average.

Line 5 shutdown would be devastating for Quebecers, Ontarians and the environment [[link removed]]
by Jairo Yunis and Elmira Aliakbari
The pipeline carries approximately 540,000 barrels of oil and natural gas liquids to refineries in Ontario.

Ottawa should wind down massive COVID subsidies to businesses [[link removed]]
by Ben Eisen
The program's total budgeted costs for 2020/21 and 2021/22 now stand at $110.6 billion.


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