Having trouble viewing? Try the web version [link removed] of this email.
=============
FRASER UPDATE
A weekly digest of our latest research, commentary, and blog posts
=============
Latest Research
-----------
Government sector accounts for more than 86% of new jobs in Canada since pandemic began
Comparing Government and Private Sector Job Growth in the COVID-19 Era is a new study that finds the government sector accounted for nearly 9-in-10 new jobs created since the start of the pandemic, and there has been almost no net job creation in the private sector. In fact, after adjusting for population growth, private sector employment in July 2022 was still below where it was in February 2020 before the pandemic struck.
Read More [[link removed]]
New essays explore myths and realities of ESG—Environmental, Social and Governance investing
ESG: Myths and Realities is a new essay series that highlights the misunderstandings and simplifications of Environmental, Social and Governance investing—ESG investing for short. The first essay, The New Capitalism, identifies the various arguments made in favour of ESG investing, including mandatory ESG disclosures by public companies. The second essay, Friedman and His ESG Critics, revisits Nobel laureate Milton Friedman’s iconic 1970 article in the New York Times, which argued that the sole responsibility of business is to increase profits, and that it is misguided to expect managers of businesses to try to achieve broad public policy objectives.
Read More [[link removed]]
Commentary and Blog Posts
-----------
Ontario government should help fund independent schools [[link removed]]
(Appeared in the Financial Post) by Michael Zwaagstra
Ontario parents deserve the same options as parents in Quebec and the western provinces.
Canada did not ‘miss’ its LNG window—it was nailed shut [[link removed]]
(Appeared in the Calgary Sun) by Kenneth P. Green
Despite the demand, Canada has only one operational LNG terminal.
Costs of mandatory ESG disclosure likely would outweigh benefits [[link removed]]
(Appeared in the Hub) by Steven Globerman
Individual rating services change their rankings of the same companies over short periods of time, sometimes dramatically.
Record-high resource revenue fuels Alberta’s projected surplus [[link removed]]
by Tegan Hill
From 2008/09 to 2020/21, the province's net financial position deteriorated by almost $100 billion.
Newfoundland and Labrador government should reduce spending in face of dire fiscal outlook [[link removed]]
(Appeared in the St. John's Telegram) by Ben Eisen and Alex Whalen
The province’s debt as a share of the economy is projected to more than triple by 2046.
Employee compensation dominates GTHA municipal spending [[link removed]]
by Garreth Bloor, Nathaniel Li, and Jason Clemens
Nineteen of the region's 26 municipalities spent more than 60 per cent of their budgets on employee compensation and contracted services.
No more mask mandates in schools [[link removed]]
(Appeared in the Toronto Sun) by Michael Zwaagstra
According to the evidence, schools are not significant drivers of COVID-19 transmission.
There’s a better way to send cheques to Saskatchewanians [[link removed]]
(Appeared in the Regina Leader-Post) by Tegan Hill
The province's per-person spending increased from roughly $10,029 in 2005/06 to $13,831 in 2015/16.
What are the top spending categories for Metro Vancouver municipalities? [[link removed]]
by Garreth Bloor, Nathaniel Li, and Jason Clemens
Burnaby allocated the highest share of spending to parks and recreation.
SUPPORT THE FRASER INSTITUTE
-----------
The Fraser Institute has been ranked the #1 think tank in Canada, and the 14th best think tank out of more than 8,200 around the world! We keep Canadians – and decision-makers! – informed.
But we are only as strong as our supporters. We do not accept government grants or payments for research - we depend on individuals like you to continue our good work! We are a charity - your donation entitles you to a generous tax credit at tax time!
Donate Now [[link removed][campaignid]]
Contact Us [[link removed]]
Privacy Policy [[link removed]]
Unsubscribe [link removed]
The Fraser Institute's mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. Email is one of the best tools we have to accomplish these goals. If you no longer wish to receive e-mail updates from us, click here to unsubscribe [link removed].
Fraser Institute | 4th Floor, 1770 Burrard Street, Vancouver, BC V6J 3G7
