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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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Today is Tax Freedom Day—when Canadian families start working for themselves
This year, Tax Freedom Day is Wednesday, June 15. If you had to pay all your federal, provincial and municipal taxes up front, you would give government every dollar you earned from January 1st to Tax Freedom Day, when Canadians finally start working for themselves. In 2022, the average Canadian family (with two or more people) will pay 45.2 per cent of its annual income in taxes, including income taxes, payroll taxes, health taxes, sales taxes, property taxes, fuel taxes, carbon taxes and more.
Read More [[link removed]]
Standardized testing in Canada and around the world
Student Testing: An International Context is a new study that finds more than 80 countries or jurisdictions are participating in this year’s Programme for International Student Assessment (PISA) study for the Organization for Economic Co-operation and Development, a group of comparable, highly developed nations, including Canada. The OECD reports that about three-quarters of 15-year-old students in those participating countries attend schools in which mandatory standardized tests are used at least once a year.
Read More [[link removed]]
Objective educational testing improves student achievement
Why Educational Testing is Necessary is a new essay that highlights the importance of test standardization, and examines the benefits of objective testing versus grade inflation in the education system.
Read More [[link removed]]
Fraser Forum Podcast
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What's On the Horizon: how society can maintain health with technology [[link removed]]
Best-selling author of 100 Plus: How the Coming Age of Longevity Will Change Everything, from Careers and Relationships to Family and Faith, founder of 100 Plus Capital, Chair of the Alliance for Longevity Initiatives, and senior fellow with the Fraser Institute, Sonia Arrison, joins me this week to discuss maintaining health with technological advancements, and the policy implications that naturally follow. We even get into what the future holds for the convergence of biology and technology.
Commentary and Blog Posts
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Windfall taxes will only prolong higher energy and consumer prices [[link removed]]
(Appeared in the Calgary Sun) by Jake Fuss and Elmira Aliakbari
Oil and gas remain fundamental to the production of nearly all goods and services purchased by Canadian families.
Inflation in Canada—follow the money [[link removed]]
(Appeared in the Hub) by Robert P. Murphy
The Bank of Canada's “easy” policies help explain the current pain at the pumps.
B.C. can tackle health-care wait times by learning from more successful universal systems [[link removed]]
(Appeared in the Vancouver Sun) by Mackenzie Moir and Bacchus Barua
According to the province’s official figures, at least 88,300 patients continue to languish on surgical wait lists.
Ottawa’s unnecessary deficit-spending hurts economic growth [[link removed]]
by Conrad Eder and Jake Fuss
So-called "stimulus spending" displaces future private spending and reduces future economic growth.
Canadians relearning hard economic lessons of ’70s and ’80s [[link removed]]
by Livio Di Matteo
Persistent labour shortages are helping drive up costs.
Workers will bear burden of federal tax hike on businesses [[link removed]]
(Appeared in the Epoch Times) by Jason Clemens and Jake Fuss
The government permanently increased the tax rate for banks and life insurance companies to 16.5 per cent on profits over $100 million.
Newfoundland and Labrador should unleash province’s mining potential [[link removed]]
(Appeared in the Halifax Chronicle Herald) by Julio Mejia and Alex Whalen
The mining industry plays a central role in the province's economic growth and job creation.
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