From Fraser Institute <[email protected]>
Subject Canada's innovation ranking, and Alberta's resource revenues
Date February 11, 2023 6:00 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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Canada fell to 12th position in global innovation rankings over past decade, while U.S. improved to 2nd
Taxes, Innovation, and Productivity Growth is a new study that highlights the negative effect that higher corporate and personal income taxes have on innovation. In particular, Canada’s tax system is uncompetitive compared to those of other advanced economies—including the United States—when it comes to encouraging innovation-related activities, which in turn slows productivity growth, a key driver of higher living standards.
Read More [[link removed]]

Don’t squander Alberta’s surpluses by spending them— instead, lower taxes, pay off the debt and/or re-establish rainy-day fund
Don’t Spend Away the Windfall: Better Options for Alberta’s Unexpected Revenues is a new study that finds when resource revenues have increased in the past, previous governments have increased spending, which led to sizeable deficits when resource revenues declined—making this an ample opportunity for Alberta to strengthen the province's finances and economy for the long-term.
Read More [[link removed]]


Commentary and Blog Posts
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Provinces strengthen their shackles in exchange for more federal health-care dollars [[link removed]]
by Bacchus Barua, Jake Fuss, and Mackenzie Moir
The Canada Health Act severely limits the ability of provinces to innovate and experiment with health-care policy.

Current crime rates in Ontario raise questions about police proposals for more money [[link removed]]
(Appeared in Toronto Sun) by Livio Di Matteo
Officers per 100,000 peaked in 2010 and then began to decline, with crime rates bottoming out around 2015.

Premiers meet prime minister under cloud of dysfunctional federalism [[link removed]]
(Appeared in the Financial Post) by Lydia Miljan
Ottawa has a long history of overpromising and underdelivering on program promises.

Federal government’s climate spending tab excludes costs you’ll pay [[link removed]]
(Appeared in the Toronto Sun) by Matthew Lau
The ban on single-use plastic products will force Canadians to pay higher prices for lower quality alternatives.

ChatGPT underscores importance of traditional education [[link removed]]
(Appeared in the Epoch Times) by Michael Zwaagstra
Tests are the best way to assess students on actual knowledge and skills acquired in a course.

B.C.’s new ‘rental’ fund may actually reduce rental housing in the province [[link removed]]
(Appeared in True North) by Steve Lafleur
Vancouver's rental vacancy rate was just 1.2 per cent.

Toronto Police Service wants to increase police budget by more than $48 million [[link removed]]
(Appeared in National Newswatch) by Livio Di Matteo
Crime rates in Ontario have declined over a 30-year period and today remain at historic lows.


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