From Fraser Institute <[email protected]>
Subject Lifetime tax burden for Canadians from federal debt
Date September 11, 2021 5:00 PM
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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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Young Canadians will pay additional $19,880 in income taxes to pay for federal debt accumulation; those over 65 face extra $1,524 in taxes
Lifetime Tax Burden for Canadians from Federal Debt Accumulation finds that Canadians aged 16 to 35 will pay an additional $205.1 billion in personal income taxes (or 61.7 per cent of the total burden imposed on all age groups) over their lifetimes due to additional federal debt accumulation.
Read More [[link removed]]


Commentary and Blog Posts
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Ontario must reform education—for the benefit of parents and students [[link removed]]
(Appeared in the National Post) by Derek J. Allison
More choice for parents encourages innovation in both government-run and independent schools.

B.C.’s new MRI machine won’t solve province’s wait-time problem [[link removed]]
(Appeared in the Vancouver Province) by Mackenzie Moir and Bacchus Barua
The province's MRI wait time was longer than the national average.

Alberta government should use unexpected windfall to stop resource rollercoaster [[link removed]]
(Appeared in the Calgary Sun) by Tegan Hill and Steve Lafleur
By limiting the amount of resource revenue included in the budget, the fund could restore discipline to government spending.

New workplace practises hinge on increased productivity [[link removed]]
by Steven Globerman and Milagros Palacios
Labour productivity grew at a relatively slow 0.88 per cent average annual rate from 2016 to 2019.

New fiscal rules could help stabilize Newfoundland and Labrador’s finances [[link removed]]
(Appeared in the St. John's Telegram) by Tegan Hill and Alex Whalen
When the province's resource revenues declined by roughly 22 per cent, the government did not commensurately reduce program spending.

Taxes remain largest expense for Canadian families [[link removed]]
(Appeared in the Ottawa Sun) by Jake Fuss
The average Canadian family spends nearly twice as much on taxes than on housing.


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