From Fraser Institute <[email protected]>
Subject Federal government spending, and Investment outlook for the oil and gas industry
Date October 16, 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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“New Normal” federal spending at unprecedented levels; per person federal spending in 2021 to exceed $13,000— 34.8 per cent higher than 2019
Prime Ministers and Government Spending, Updated 2021 Edition is a new study that analyzes program spending by prime minister since Confederation, and finds that in 2020/21, per-person spending reached $17,121—77.0 per cent higher than the previous highest level of per-person spending, which was recorded in 2019/20. In fact, the current federal government is on track to record the five highest levels of per-person spending in Canadian history.
Read More [[link removed]]

Absent policy change in Canada, investors will continue to favour U.S. oil and gas industry
The Investment Outlook for the Canadian and US Oil and Gas Sectors finds that Canada’s unfavourable business environment—which includes higher taxes, more regulation and lack of pipeline capacity—will likely continue to help divert oil and gas investments from Canada to the United States.
Read More [[link removed]]


FRASER FORUM
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Episode 9: Robert Murphy [[link removed]]
Measuring Impact: climate policy, natural disasters, and the role of the energy market in Canada
Research fellow at the Independent Institute, senior fellow at the Fraser Institute, acclaimed author and economist, Robert Murphy, joins me this week to discuss climate policy, and just how natural disasters are measured in Canada and across the globe. We even discuss energy markets and carbon taxes, and what's the most effective path forward relative to the country's needs.


Commentary and Blog Posts
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Canadian governments should discard ‘climate policy’ stew and start over [[link removed]]
(Appeared in the Winnipeg Sun) by Kenneth P. Green
Hard emission caps degrade the value of carbon taxes and regulations.

Outflow of Albertans should set off alarm bells [[link removed]]
(Appeared in the Calgary Sun) by Tegan Hill and Alex Whalen
Unlike Texas, Alberta government finances deteriorated due to spending-fuelled budget deficits.

Tipping servers still makes sense [[link removed]]
(Appeared in the Fredericton Daily Gleaner) by Matthew Lau
The restaurant industry has suffered enormously from the pandemic and government restrictions.

Canada’s long-term care system lacks choice and competition [[link removed]]
(Appeared in the Epoch Times) by Yanick Labrie
Policymakers in Canada should learn how other countries with older populations are mitigating demographic challenges.

Alberta’s upcoming referendum bigger than equalization [[link removed]]
(Appeared in National Newswatch) by Tegan Hill and Niels Veldhuis
Reforms in the 1990s led to a marked decline in welfare dependency and reduced spending on social assistance.

Attracting more people key to Atlantic Canada’s future [[link removed]]
by Alex Whalen and Ben Eisen
The recent inflow of people to the region does not mean the problem of outmigration has been solved.


SUPPORT THE FRASER INSTITUTE
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