From Fraser Institute <[email protected]>
Subject Atlantic Canada's economy, and BC's tax competitiveness
Date November 5, 2022 5:00 PM
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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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Median workers in New England made $15,086 more than median workers in Atlantic Canada
Comparing the Economies of Atlantic Canada and New England finds that, despite many similarities between the two regions, the median employment earnings in New England was $44,236 compared to $29,150 in Atlantic Canada—a difference of $15,086
Read More [[link removed]]

B.C. has fourth-highest top personal income tax rate in Canada and U.S.
BC's Tax Competitiveness Problem is Growing over Time is a new study that finds British Columbia now has the 4th highest top Personal Income Tax (PIT) rate in Canada or the United States at 53.5 per cent—only 1.3 per cent lower than Newfoundland and Labrador, the highest rated jurisdiction in both the US and Canada.
Read More [[link removed]]


Commentary and Blog Posts
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Federal deficit is down, but this has little to do with Trudeau’s policies [[link removed]]
by Jake Fuss
At every opportunity, the government has spent unexpected revenue windfalls.

Contrary to rhetoric, high-income families pay most taxes in Canada [[link removed]]
(Appeared in National Newswatch) by Jake Fuss
The top 20 per cent pay nearly two-thirds of all federal and provincial income taxes.

Ottawa’s opposition to natural gas hurting Canadians and the world [[link removed]]
(Appeared in the Calgary Sun) by Kenneth P. Green
It’s not too late for Canada to reconsider its stance on natural gas production, distribution, consumption and trade.

Newfoundland and Labrador’s ‘Future Fund’ needs robust fiscal rules [[link removed]]
(Appeared in the St. John's Telegram) by Alex Whalen and Tegan Hill
According to Alaska’s constitution, the state government must deposit 25 per cent of all mineral revenues into its fund each year.

If provinces and states are too big (or too small) it’s a problem [[link removed]]
by Russell S. Sobel
Ontario is roughly three times larger than both B.C. and Alberta.

Understanding universal health care: Cost-Sharing for Patients in Belgium, Part 2 [[link removed]]
by Mackenzie Moir and Bacchus Barua
Outpatient pharmaceuticals in Belgium are usually partially reimbursed through a third-party payer scheme.

Prime minister's ‘fiscally responsible’ track record is pure fantasy [[link removed]]
(Appeared in the Ottawa Sun) by Jake Fuss
Between 2015 and 2019, Ottawa ran five consecutive deficits, causing federal debt to rise by $112 billion.


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