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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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Per person spending up almost 10% since 2009 across the GTHA; City of Toronto remains the highest spender
Comparing per-Person Spending and Revenue in the Greater Toronto and Hamilton Area, 2009–2019 is a new study that finds across the 26 municipalities that constitute the GTHA, per person spending (adjusted for inflation) increased by 9.6 per cent between 2009 and 2019, and Toronto remained the highest spending municipality in 2019. Not surprisingly, there is a connection between high spending municipalities and high tax municipalities, as Toronto, the highest spending municipality was also the 3rd highest taxing municipality (total per person revenues adjusted for inflation) in 2019.
Read More [[link removed]]
Commentary and Blog Posts
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Canadians bear burden of higher spending by federal government [[link removed]]
(Appeared in the Toronto Sun) by Jason Clemens, Jake Fuss, and Milagros Palacios
According to the budget, federal spending will reach $434.3 billion this year, more than a two-thirds increase in less than a decade.
Recession may strike despite Canada’s low unemployment rate [[link removed]]
(Appeared in the National Post) by Tegan Hill and Alex Whalen
The overall employment rate hasn’t recovered to 2019 pre-COVID levels.
Premiers simply demand more money while ignoring possible health-care solutions [[link removed]]
by Jake Fuss and Mackenzie Moir
If the provinces increased provincial spending, they’d either have to raise taxes or run larger budget deficits.
Ottawa’s nitrous oxide plan—no laughing matter [[link removed]]
(Appeared in the Edmonton Sun) by Kenneth P. Green
Canadian farmers have already made their fertilizer use highly efficient and less waste-generating over time.
P.E.I. government should reduce spending to avoid fiscal risks [[link removed]]
(Appeared in the Charlottetown Guardian) by Ben Eisen and Alex Whalen
The Maritime provinces receive a larger share of their revenue from federal transfers than any other province.
Ottawa now underreports true level of spending [[link removed]]
(Appeared in the Hub) by Jason Clemens, Jake Fuss, and Milagros Palacios
Under the old classification, program spending would have been more than $10 billion higher.
Ontario government poised to outspend predecessor [[link removed]]
by Ben Eisen
Governments often spend money today but promise more discipline in the future.
New Brunswick government should reduce spending to solidify provincial finances [[link removed]]
(Appeared in the New Brunswick Telegraph-Journal) by Ben Eisen and Alex Whalen
With interest rates rising, it's all the more important for governments to carefully manage money.
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