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Jason Clemens, who hangs his hat at several right-wing think-tanks (the Fraser, Pacific Research and Macdonald-Laurier Institutes), lauds Canadian fiscal conservatism in today’s Wall Street Journal: Canada’s government, for example, has grown smaller over the last 15 years. Total government spending as a share of the economy peaked at a little over 53% in 1993. [...]
Posted by Erin Weir under federal budget, Fraser Institute, Macdonald-Laurier Institute, media, US.
August 1st, 2011
Comments: 18
My union was among many organizations listed in opposition to the senseless census decision in Wednesday’s Globe and Mail editorial. Three organizations were listed as supporting it. The Fraser Institute and National Citizens’ Coalition have understandable motives for wanting to eliminate the mandatory long form. First, there are libertarian “privacy” concerns. Second, depriving the government [...]
Posted by Erin Weir under Canadian Taxpayers Federation, Fraser Institute, media, StatCan.
August 6th, 2010
Comments: 6
That the HST will take a bite out of family budgets is clear to everyone. The main question right now is just how big of a bite. Two studies released in BC earlier this week asked this exact question but came to very different conclusions. On Monday, the Fraser Institute released a paper arguing that [...]
Posted by Iglika Ivanova under BC, consumers, Fraser Institute, inequality, StatCan, taxation.
June 25th, 2010
Comments: 3
The National Institute on Retirement Security in the U.S. produces some really excellent reports which should be more widely read, and not just on pensions or retirement income. Last week they published a good report, Out of Balance? comparing public and private sector compensation over the past 20 years, written by two professors at the [...]
Posted by Toby Sanger under Fraser Institute, wages.
May 5th, 2010
Comments: 3
You know that you are doing something right when the Canadian Taxpayers Federation (CTF) starts making up new pejorative terms. Last Friday’s Toronto Sun included the following op-ed on the Taxers (with a capital “T”): Calls for new and higher taxes are coming from the usual tax-hike proponents (AKA Taxers); public sector unions, lobby groups [...]
Posted by Erin Weir under Canadian Taxpayers Federation, Fraser Institute, media, taxation, unions.
April 26th, 2010
Comments: 8
As promised, here’s my fourth post inspired by the recent Fraser Institute report on taxes paid by Canadian families. I can’t stand seeing people fall simple numbers tricks. And while I realize that I don’t have the time to argue with everyone who is wrong on the Internet, I try to make it a point [...]
Posted by Iglika Ivanova under economic literacy, education, Fraser Institute, taxation.
April 21st, 2010
Comments: 3
When confronted with a document as muddled as yesterday’s Canadian Consumer Tax Index, a major challenge is figuring out where to begin in critiquing it. Indeed, this one Fraser Institute report supplied enough fodder for three separate posts today by Iglika (and she is promising a fourth!) I think that the report’s worst flaws are [...]
Posted by Erin Weir under corporate income tax, Fraser Institute, taxation.
April 20th, 2010
Comments: none
A recently released Fraser Institute report claims that the tax bill of the average Canadian family grew by a whopping 1,624% since 1961. This is an enormous number, designed to appeal to our sensationalism-hungry media, but it does not provide a meaningful comparison of today’s average tax bill and the tax bill our parents’ and [...]
Posted by Iglika Ivanova under Fraser Institute, taxation.
April 20th, 2010
Comments: none
The Fraser Institute and the CCPA do not typically see eye to eye, but they seem to agree that personal income taxes take up a relatively small fraction of the average tax bill — about 13 – 14%. According to the Fraser Institute’s recent report on the average Canadian family’s tax bill, the average family [...]
Posted by Iglika Ivanova under Fraser Institute, income tax, taxation.
April 20th, 2010
Comments: 8
It’s tax season and people are looking more closely at their incomes and the amount of taxes they pay. The Fraser Institute released their annual Consumer Tax Index report yesterday, claiming that the total tax bill of the average Canadian family now takes up 41.7% of their income. This seems like a big number, which [...]
Posted by Iglika Ivanova under Fraser Institute, public infrastructure, public services, taxation.
April 20th, 2010
Comments: 8
Serge Coulombe, an economics professor at the University of Ottawa, has a great op-ed in today’s Financial Post: The Fraser report looks at the change in the contribution of government expenditures to the GDP growth between the second and the third quarters, and the third and the fourth quarters, of 2009. This approach is problematic [...]
Posted by Erin Weir under Fraser Institute, history of economic thought, media, stimulus.
April 7th, 2010
Comments: 1
When conflict erupts between Conservative politicians and the Fraser Institute, I am inclined to react as Henry Kissinger did to the Iran-Iraq War: “It’s too bad they can’t both lose.” But in the recent spat over stimulus, it was easy to choose sides. However grudging the Harper government’s decision and however inadequate its execution, it [...]
Posted by Erin Weir under Fraser Institute, media, stimulus.
April 5th, 2010
Comments: 1
The Fraser Institute is winning 6-0, at least in terms of The National Post’s coverage of its flawed study on stimulus. On March 24, The National Post reported this study on its front page while its business section, The Financial Post, ran an op-ed by the study’s authors. A couple of days later, The National [...]
Posted by Erin Weir under Fraser Institute, media, stimulus, Terry Corcoran.
April 1st, 2010
Comments: 5
Iglika makes several cogent, high-level criticisms of the Fraser Institute’s “analysis” of how much government stimulus has contributed to Canada’s economic recovery. However, I think that it is guilty of a far more basic flaw. To determine how much government purchases and investment contributed to economic growth, one would compare the increase in government purchases [...]
Posted by Erin Weir under Fraser Institute, GDP, media, stimulus.
March 24th, 2010
Comments: 5
Yesterday, the Fraser Institute published a new report, which argues that the government stimulus did not drive Canadian economic growth in the last two quarters of 2009 and suggests that government spending on infrastructure was useless for the economy. The report earned the scorn of Finance Minister Flaherty, who was quoted in the Vancouver Sun [...]
Posted by Iglika Ivanova under budgets, economic crisis, economic growth, economic literacy, fiscal policy, Fraser Institute, GDP, macroeconomics, monetary policy, Role of government.
March 24th, 2010
Comments: 6
In my career of writing letters to my hometown newspaper, my favourite headline supplied by the Regina Leader-Post was “Deficit Caused by Tax Cuts,” for a letter arguing that Saskatchewan’s mild deficit a few years ago resulted from provincial tax cuts rather than from alleged overspending. Today’s inane press release from Finance Canada, lauding the [...]
Posted by Erin Weir under federal budget, Fraser Institute, media.
June 6th, 2009
Comments: 6
Yesterday’s Financial Post featured a rather strange op-ed by the Fraser Institute’s current and former directors of fiscal studies: Most Canadians are unfortunately not aware of Canada’s 15-year track record of reducing the size of government (1992-2007). Since peaking in 1992, the size of government in Canada – best measured by total spending at all [...]
Posted by Erin Weir under Fraser Institute, media.
April 30th, 2009
Comments: 4
Further to Toby’s excellent post on Iceland. Here are some extracts from OECD Country Reviews – courtesy of Roland Schneider of TUAC – which show gross disregard for the risks as they were building. Economic Survey of Iceland 2006 Published on 9 August 2006 Chapter 1: Policy challenges in sustaining improved economic performance Iceland’s growth [...]
Posted by Andrew Jackson under economic risk, financial markets, Fraser Institute, Nordics.
October 17th, 2008
Comments: 2
I was intrigued by what is happening in Iceland, so the following is a piece I’ve written on it. It has some introductory macro-economics in it, which I think it is good to keep in perspective as we consider the frantic attempts being made to prevent an economic depression. The economic and financial collapse of 2008 [...]
Posted by Toby Sanger under banks, capitalism, economic crisis, Europe, financial markets, Fraser Institute, free markets, global crisis, macroeconomics, Nordics, privatization, recession, regulation, Role of government.
October 14th, 2008
Comments: 32
Of all the high-flyers and assorted fraudsters now coming down to earth, this one is just too rich and comical to pass by. Owen Lippert, now scandalized as the wholesale plagiarizer from Australian Prime Minister John Howard in a speech he wrote for Stephen Harper, was the former Director of the Law and Markets Project [...]
Posted by Toby Sanger under Fraser Institute, free trade, intellectual property.
October 1st, 2008
Comments: 4
The bed having been made by the NDP, the Prime Minister not only takes it but moves in and changes the locks. All summer the NDP’s axe-the-tax campaign against the BC carbon tax has played on a classic conservative anti-tax theme (to the dismay of yours truly). The BC election is not until May 2009, [...]
Posted by Marc Lee under carbon pricing, climate change, Fraser Institute.
September 9th, 2008
Comments: 11
Asked by the Globe what the “ballot question” should be for the upcoming election, Tasha Kheiriddin, Quebec Director of the Fraser Institute says: “It should be all about green – money, that is. With the price of oil dropping, inflation creeping up and the auto sector in tough times, which party can provide the steadiest [...]
Posted by Marc Lee under federal budget, Fraser Institute, free markets.
September 6th, 2008
Comments: 6
Last Thursday the Vancouver Sun ran an opinion piece by yours truly entitled “BC’s minimum wage should not be a poverty wage.” I drew attention to the fact that between March 31 and May 1 this year, all other nine provinces increased their minimum wages and, as a result, BC now has one of the [...]
Posted by Iglika Ivanova under Fraser Institute, minimum wage.
August 6th, 2008
Comments: 4
As Andrew Jackson has written recently on this blog, the New Brunswick government is proposing a set of truly dreadful tax reforms. The proposals include: a 10% flat tax for personal income, or a two-tier rate at 9% and 12% reducing the corporate income tax from 13% down to as low as 5% a carbon tax [...]
Posted by Toby Sanger under Canadian Taxpayers Federation, carbon pricing, corporate income tax, Fraser Institute, income tax, Jack Mintz, New Brunswick, taxation.
July 11th, 2008
Comments: none
The Fraser Institute released its annual report on economic freedom yesterday. As always, the report attempts to establish a causal relationship between its measure of “economic freedom” and economic growth. The first major problem is that economic growth is clearly driven by other more important factors. With respect to Newfoundland and Labrador, the Fraser Institute [...]
Posted by Erin Weir under economic growth, Fraser Institute.
July 10th, 2008
Comments: 2
Lightning should surely have struck the offices of the Fraser Institute last week when it released a study co-authored by Mike Harris, the former Ontario Premier, on the supposedly declining state of the City of Toronto. The study itself (“Is Toronto in Decline?”, available at http://www.fraserinstitute.org/researchandpublications/publications/5696.aspx) was nothing to write home about. It consisted [...]
Posted by Jim Stanford under cities, Fraser Institute.
July 4th, 2008
Comments: 6
The Fraser Institute says the debt monster is gonna getcha: The study, Canadian Government Debt 2008, shows that federal, provincial, and local governments have accumulated $791.2 billion in direct debt and more than $2.4 trillion in total government liabilities. Total liabilities include direct debt and programs that the government has committed to provide such as [...]
Posted by Marc Lee under federal budget, fiscal policy, Fraser Institute.
May 20th, 2008
Comments: 1
Last week, the Royalty Review Panel recommended that Alberta raise its oil and gas royalties. Its 100-page final report, Our Fair Share, has generated healthy debate on a critically important subject. The basic message follows: Albertans do not receive their fair share from energy development and they have not, in fact, been receiving their fair [...]
Posted by Erin Weir under Alberta, big business, Fraser Institute, oil and gas, tar sands, taxation.
September 24th, 2007
Comments: 4
The Fraser Institute’s latest study of North American labour markets intends to demonstrate that public-sector employment, minimum wages, unionization, and labour laws that facilitate collective bargaining damage labour-market performance. However, its “Index of Labour Market Performance” measures the quantity of jobs with almost no regard for quality. Even this questionable index is not negatively correlated [...]
Posted by Erin Weir under Fraser Institute, labour market, media, minimum wage, Saskatchewan, unions.
September 2nd, 2007
Comments: 4
The Atlantic Institute for Market Studies has been calling for the Atlantic provinces to join TILMA. Yesterday, I discussed this proposal with the Halifax ChronicleHerald’s editorial board. The following report was printed in today’s edition. Also yesterday, the CCPA posted a paper based on my submission to the Saskatchewan Legislative Assembly’s Standing Committee on the [...]
Posted by Erin Weir under Fraser Institute, Nova Scotia, TILMA, unions.
July 12th, 2007
Comments: none