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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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Health-care costs for typical Canadian family will reach almost $16,000 this year
The Price of Public Healthcare, 2022 finds that a typical Canadian family with an average household income of $156,086 will pay $15,847 for public health care this year, and that health-care costs have increased 210.3 per cent since 1997 compared to a 116.3 per cent increase in average incomes.
Read More [[link removed]]
Per-person municipal government spending up 15.2 per cent on average in 17 municipalities across Metro Vancouver, 2009 to 2019
Comparing Per Person Spending and Revenue in Metro Vancouver, 2009-2019 is a new study that finds per-person spending has increased across all 17 Metro Vancouver municipalities by 15.2 per cent between 2009 and 2019, after accounting for inflation. Not surprisingly, there is a connection between high spending municipalities and high tax municipalities, as West Vancouver, the highest spending municipality, was also the 2nd highest taxed municipality in 2019, and New Westminster and the City of Vancouver also ranked highly in both spending per person and per person revenues.
Read More [[link removed]]
Commentary and Blog Posts
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Government spending—there’s no such thing as a free lunch [[link removed]]
(Appeared in the Financial Post) by Jason Clemens and Jake Fuss
According to projections, the federal debt will reach nearly $2 trillion in 2026-27.
Alberta remains in precarious fiscal position [[link removed]]
(Appeared in the Edmonton Journal) by Ben Eisen and Tegan Hill
The government should save some natural resource revenue to protect against future increases in debt.
Canada should (quickly) learn from Europe’s energy mess [[link removed]]
(Appeared in the Ottawa Sun) by Elmira Aliakbari and Julio Mejia
Ottawa’s carbon tax is set to increase to $170 per tonne by 2030.
Ontario’s finances are unsustainable [[link removed]]
(Appeared in the Toronto Star) by Ben Eisen and Jake Fuss
The province’s net debt will reach a projected $428.7 billion this year.
Maritimes had lowest levels of per-worker private-sector investment in Canada [[link removed]]
by Alex Whalen and Nathaniel Li
Government spending in Nova Scotia encompassed 60.2 per cent of the economy.
Average Canadian family will pay almost $16,000 for health care this year [[link removed]]
(Appeared in the Epoch Times) by Bacchus Barua and Milagros Palacios
The cost of health care has increased by 210.3 per cent while incomes have only risen 116.3 per cent.
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