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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 ranks poorly for testing rates and hospital beds, keys to successful COVID response; prolonged lockdowns deemed ineffective
Global Storm: The Effects of the COVID-19 Pandemic and Responses around the World is a detailed statistical analysis of nearly 200 countries and their experiences with and responses to COVID-19. It found that Canada ranked poorly compared to other industrialized countries on testing and hospital beds, which were determined to be key in responding to COVID-19.
Read More [[link removed]]
Commentary and Blog Posts
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Horgan home subsidies won’t make Metro Vancouver more affordable [[link removed]]
(Appeared in Business in Vancouver) by Steven Globerman
Vancouver is among the most unaffordable cities in the world.
Tax burden growing in Canada, higher taxes loom on the horizon [[link removed]]
(Appeared in the Ottawa Sun) by Jake Fuss and Milagros Palacios
The federal and provincial governments project combined budget deficits of $233.5 billion in 2021.
Debt interest burden highlights Newfoundland and Labrador fiscal crisis [[link removed]]
by Jake Fuss and Alex Whalen
At $2,055 per person, the province's government debt burden is the highest in Canada.
Alberta economy recovering from COVID but government finances remain cause for concern [[link removed]]
(Appeared in the Edmonton Sun) by Tegan Hill
The province's net debt will reach a projected $102.1 billion by 2023/24.
Student testing in Canada requires much-needed reform [[link removed]]
(Appeared in the Financial Post) by Derek J. Allison
Quebec students have consistently outperformed their peers in all other provinces.
Modern Monetary Theory remains a dangerous policy prescription in Canada and beyond [[link removed]]
(Appeared in the Hub) by Steven Globerman
Many economists warn about ballooning budget deficits and the potential for higher interest rates in the future.
Furey government must reduce compensation for government-sector workers [[link removed]]
by Alex Whalen and Jake Fuss
Government salaries and benefits comprise approximately 42 per cent of the province's spending.
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