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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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Ottawa can’t finance large spending programs by only taxing upper-income families, eventually middle class must also pay
No Free Lunch for the 99 Percent: Estimating Revenue Effects from Taxes on Top Earners finds that if the federal government, which plans to table its next budget this week, wants to fund a major expansion of government, it simply can’t raise enough tax revenue solely from Canada’s upper-income families.
Read More [[link removed]]
Commentary and Blog Posts
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Budget 2022 fails to get federal finances back on track [[link removed]]
by Jake Fuss
The projected federal deficit for 2022/23 could have been reduced by more than 42 per cent had the government stuck to last spring's spending plan.
Federal budget gives us more Ottawa when we needed less [[link removed]]
(Appeared in the Toronto Sun) by Jake Fuss
Higher government spending will lead to higher taxes and lower rates of economic growth.
Newfoundland and Labrador kicks debt can down the road [[link removed]]
(Appeared in the St. John's Telegram) by Alex Whalen and Tegan Hill
According to the provincial budget, debt will rise from $16.5 billion last year to $17.1 billion this year.
Alberta’s economy is already diversified—but government finances are not [[link removed]]
(Appeared in the Calgary Sun) by Steve Lafleur and Ben Eisen
Without the recent resource revenue windfall, the province would still face a large deficit this year.
COVID should make Canadians more skeptical of wealth taxes [[link removed]]
(Appeared in the National Post) by Philip Cross
Wealth inequality clearly declined in Canada during the pandemic.
Ontario government should end unnecessary ‘training’ subsidies [[link removed]]
(Appeared in the Windsor Star) by Matthew Lau
The province plans to spend more than $200 million on employment and skills training.
Canada’s federal parties should respect provincial jurisdiction [[link removed]]
by Steve Lafleur
National politicians aren’t as well placed to make local decisions as local politicians.
Comparing Canada’s health-care system with other countries, Part I: Availability of Resources [[link removed]] by Mackenzie Moir and Bacchus Barua
Canada only had 2.0 acute care beds per 1,000 population, ranking 25th out of the 26 countries.
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