Corporate tax cuts aren’t just a handout to the rich

Higher corporate income tax doesn’t just impose costs on people who own corporations, but also people who work for them

Corporate tax cuts aren’t just a handout to the richThe Alberta government recently announced plans to help encourage economic recovery and growth in the province, including a plan to accelerate corporate income tax reductions that were already in the works. The corporate tax rate will drop from 10 per cent to eight per cent immediately instead of gradually over the next two years. Critics…

Government debt piling up for Ontarians

Blame economic contraction due to COVID-19 and increased government spending at the provincial and federal levels

Government debt piling up for OntariansOntario’s provincial government now carries more net debt per person than any province except Newfoundland and Labrador. In a reversal of historical norms, Ontario carries significantly more debt – almost $4,000 more per person – than Quebec. Of course, debt (financial assets minus total liabilities) means interest payments. But Ontarians aren’t just responsible for interest…

Ontario’s lost decade of job creation

Toronto and Ottawa are thriving but as long as large regions of Ontario struggle, the province and the country won’t meet their full economic potential

Ontario’s lost decade of job creationBy Ben Eisen and Steve Lafleur The Fraser Institute Ontarians have suffered more than their share of economic pain over the past 15 years. For much of the 2000s, the province’s manufacturing sector was struggling and then the 2008-09 recession made things much worse. In the years that followed, the province’s recovery was unfortunately tepid.…

Economic stagnation plagues Canada despite G7 rank

The notion that leading the G7 is evidence of strong economic performance or rapid growth in living standards is not simply off base, it’s dangerous

Economic stagnation plagues Canada despite G7 rankBy Ben Eisen and Finn Poschmann The Fraser Institute Recent forecasts suggest Canada may compete with the United States for the top spot in the G7 in 2020 for economic growth. Those forecasts include one from the International Monetary Fund. Political partisans have since flooded social media with the impressive-sounding factoid that Canada may lead…

How to make provincial education spending pay off

Providing greater educational diversity through independent schools helps B.C. and Quebec achieve better student performance – at a lower cost

How to make provincial education spending pay offBy Tegan Hill and Ben Eisen The Fraser Institute One of the great advantages of Canada’s federation is that subnational governments can experiment with ways of providing public services and adopt the best system. In the case of public education (a provincial responsibility), the provinces can look to Quebec and British Columbia to learn about…

More money won’t necessarily solve health care problems

Instead of asking for more money and all the strings that come attached, the provinces should ask for more freedom to try new delivery models

More money won’t necessarily solve health care problemsBy Bacchus Barua and Ben Eisen The Fraser Institute Despite their differences, it seems Canada’s premiers are united in one thing: demanding more federal health-care dollars. But nobody talked about the price the premiers must pay for the money from Ottawa: the freedom to design and implement policies that could actually improve care. At the…