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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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Debt-financed government spending—even with low interest rates—imposes real costs on Canadians and the economy
The Fiscal Costs of Debt-Financed Government Spending is a new study that finds debt-financed government spending has real economic costs, even when interest rates are very low, including slower economic growth, lower private sector incomes, and spending cuts and/or tax increases by government to stabilize debt levels.
Read More [[link removed]]
Fraser Forum Podcast
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Measuring Morality: how brain chemistry proves natural empathy [[link removed]]
Professor at Claremont Graduate University, economics and neuroscience expert and senior fellow with the Fraser Institute, Paul Zak, joins me this week to discuss the relationship between empathy and brain chemistry, which proves Adam Smith's Theory of Moral Sentiments, and how as a consequence these ideas are embedded in civilizations. We even get into how exactly morality is measured in the brain, and how it connects to operating in society.
Commentary and Blog Posts
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Here’s how Premier Ford can make hard work pay off in Ontario [[link removed]]
(Appeared in the Toronto Sun) by Jake Fuss and Niels Veldhuis
The province's top combined personal income tax rate is 53.5 per cent, the third-highest rate among all provinces and U.S. states.
Teacher unions should push for positive change in the classroom [[link removed]]
(Appeared in the Edmonton Sun) by Michael Zwaagstra
Teachers are currently compensated based on only two criteria—years of university and years of experience.
Mining investors remain worried about Yukon’s disputed land claims [[link removed]]
by Julio Mejia and Elmira Aliakbari
The territory ranked among the world's top 10 most-attractive mining jurisdictions.
Comparing Canada’s health-care system with other countries, Part 4: Clinical Performance and Quality [[link removed]]
by Mackenzie Moir and Bacchus Barua
Canada ranked last on two indicators measuring obstetric trauma during birth.
Resource revenue drove Alberta’s huge fiscal turnaround in 2021-22 [[link removed]]
by Tegan Hill
Alberta’s fiscal improvement is good news, but without significant policy changes, it will only last so long as commodity prices stay high.
Canada’s aging population—what does it mean for government finances? [[link removed]]
by Ben Eisen
At the provincial level, an aging population is putting upward pressure on health-care spending.
Government debt and inflation—Ottawa continues to mislead [[link removed]]
(Appeared in the Epoch Times) by Jake Fuss
If the federal government reduced spending, it could help lower inflation and limit the increase in interest rates.
Average family in Newfoundland and Labrador will pay more than 46% of income on taxes [[link removed]]
(Appeared in the St. John's Telegram) by Evin Ryan and Alex Whalen
The province's net government debt has increased by more than 18 per cent since 2019.
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