From Fraser Institute <[email protected]>
Subject Outlook for inflation, and Implications of an aging population on government finances
Date December 4, 2021 6:00 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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Higher inflation rates may not be ‘transitory’— could persist absent policy change
The Outlook for Inflation and Its Links to Monetary Policy finds that, absent a change in policy at the Bank of Canada, higher inflation rates may persist even after the pandemic subsides due to several factors including the country's aging population.
Read More [[link removed]]

Aging population leads to persistent deficits and increased health-care spending
From BC through Atlantic Canada, provincial governments across the country are running huge deficits while also expecting to see big increases to health-care spending as their senior populations grow.
See the regional studies:
- British Columbia [[link removed]]
- Alberta [[link removed]]
- Saskatchewan & Manitoba [[link removed]]
- Ontario [[link removed]]
- Atlantic Canada [[link removed]]
Learn More [[link removed]]


Fraser Update Podcast
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Episode 15: Steven Globerman [[link removed]]
It's All in the Details: Measuring Productivity and the 4-day Work Week
Resident Scholar at the Fraser Institute, Steven Globerman, joins me this week to discuss productivity, the 4-day work week, and the outlook for inflation in Canada. We even discuss how productivity should best be measured to optimize profit and employee preference.


Commentary and Blog Posts
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Provinces face precarious fiscal positions—even post-pandemic [[link removed]]
(Appeared in the Ottawa Sun) by Jake Fuss
Canadians aged 65 or older will comprise nearly 24 per cent of the population by 2040.

Kenney government should use windfall to reintroduce sustainability fund [[link removed]]
(Appeared in the Calgary Sun) by Tegan Hill
Alberta’s budget deficit will be $5.8 billion in 2021/22—$12.4 billion less than originally forecast.

Central bank ‘equity’ quest raises questions about non-traditional monetary tools [[link removed]]
(Appeared in the Hub) by Steven Globerman
Central banks may direct chartered banks to increase lending to borrowers from underrepresented communities.

One in five Ontario parents say kids fallen behind during COVID [[link removed]]
by Paige MacPherson
B.C. has the highest rate of independent school attendance in Canada.

Chamber of Commerce embraces climate alarmism and attacks businesses in Ontario [[link removed]]
(Appeared in National Newswatch) by Matthew Lau
The logic of the carbon tax is that it should be the only government incentive.

Courts take activist approach to treaty interpretation [[link removed]]
by Tom Flanagan
Even if negotiations on compensation begin, the courts have little guidance on how to evaluate several key factors.

U.S. drifting toward European-style economic anemia [[link removed]]
by Daniel Mitchell and Robert P O'Quinn
According to independent experts, the actual cost of the president’s policies is closer to $4.9 trillion.


SUPPORT THE FRASER INSTITUTE
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