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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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Ontario continues trend of uncompetitively high personal income tax rates
Broken Promises: The persistence of elevated personal and corporate income taxes in Ontario is a new study that finds due to both federal and provincial tax hikes, Ontario now has the third highest top combined federal/provincial or federal/ state top income tax rate in Canada or the United States—having jumped from 46.41 per cent in 2012 to 53.53 per cent.
Read More [[link removed]]
B.C. government had fastest provincial spending growth in Canada before pandemic
The End of Spending Restraint in British Columbia finds that after a long period of relative spending restraint, the B.C. government significantly increased spending—even before any COVID-related spending began.
Read More [[link removed]]
Commentary and Blog Posts
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Overdue plans for housing require action in 2023 [[link removed]]
(Appeared in the Globe and Mail) by Josef Filipowicz and Steve Lafleur
Toronto plans to overhaul zoning and housing approvals by early this year.
Governments eschewed science during COVID response [[link removed]]
(Appeared in the Ottawa Sun) by Kenneth P. Green
A risk that only lightly threatened children was met with drastic efforts to shield children.
Your CPP contributions will now help fuel climate activism [[link removed]]
(Appeared in the Calgary Sun) by Matthew Lau
For ESG to accomplish the environmental objectives championed by advocates, it must reduce investor returns.
Ottawa's carbon tax will hit Nova Scotia hard [[link removed]]
(Appeared in the Halifax Chronicle Herald) by Alex Whalen and Elmira Aliakbari
The carbon tax will also indirectly increase the price of groceries by increasing the cost of transportation.
Natural resources comprise more than half of Canada’s exports compared to 1% for ‘clean tech’ [[link removed]]
(Appeared in the Toronto Sun) by Jock Finlayson
Within the energy basket, oil is by far the largest earner.
Ottawa should learn from energy pain in California and Texas [[link removed]]
(Appeared in the Western Standard) by Julio Mejia and Elmira Aliakbari
The number of interruptions in California’s power supply increased from 12 to 42.
Smith government may continue Alberta's spending problem [[link removed]]
(Appeared in the Calgary Sun) by Tegan Hill
Alberta went from spending $61 per person on provincial debt interest costs to roughly $563.
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