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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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Federal interest costs will increase—perhaps substantially—if interest rates continue to rise
Low Interest Rates and the Cost of Government Debt and Canada’s Budget and Deficit Cuts in the Late 20th Century: An Amazing Success Story are the latest installments in an essay series on government deficits that emphasize the risks of higher interest costs on government debt, and note the similarities between today’s federal fiscal situation and the mid-1990s when interest costs consumed one of every three dollars of government revenue. At that time, the government enacted major reforms—including spending reductions—to help dramatically reduce the federal debt.
Read More [[link removed]]

Canada is only one of six industrialized countries (out of 28) that doesn’t have cost-sharing; introduction could improve Canadian health-care
Understanding Universal Health Care Reform Options: Cost-Sharing for Patients is a new study that finds Canada is only one of six (out of 28) industrialized countries with universal health-care that doesn't use any form of cost-sharing as part of the model, which can be used to incentivize more efficient use of scare health resources and potentially reduce wait times.
Read More [[link removed]]


Commentary and Blog Posts
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Morneau slams Trudeau government—then doubles-down on its misguided policies [[link removed]]
(Appeared in the National Post) by Steven Globerman
Low levels of capital investment and expenditures on research and development contribute to Canada’s slow productivity growth.

All provinces—not just Alberta—should allow charter schools [[link removed]]
(Appeared in the Toronto Sun) by Michael Zwaagstra
Charter schools increase the choices available to families, particularly those with limited means.

Aging population poised to strain government purse strings [[link removed]]
(Appeared in the Edmonton Sun) by Ben Eisen
Life expectancies have increased considerably since these programs were designed.

Ford government gets second chance to repair Ontario’s finances [[link removed]]
by Ben Eisen
According to forecasts, the province’s net debt will eclipse $468 billion by 2024/25.

Alberta government increased program spending by $4 billion in three months [[link removed]]
by Tegan Hill
The province's revenue will likely be even higher than forecast in Budget 2022.

Nine out of 10 parents in Atlantic Canada support standardized testing [[link removed]]
Appeared in the Fredericton Daily Gleaner by Paige MacPherson and Alex Whalen
Standardized testing provides an objective assessment of student progress and proficiency in core subjects.


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