Federal budget 2017 fails the middle class

While the budget is entitled “Building a Stronger Middle Class”, the government’s own projections prove the opposite is actually occurring

Federal budget 2017 fails the middle classBy Niels Veldhuis and Jason Clemens The Fraser Institute In listening to Finance Minister Bill Morneau deliver his government’s 2017 Budget, it’s clearly evident that the minister and his government believe their plan is working. “A year and a half ago, our government set out to deliver the kind of change that would make a…

Federal budget punts major policy decisions to another day

Instead of a wait-and-see budget, the government could have been proactive and taken steps to carve out a clear economic agenda

Federal budget punts major policy decisions to another dayBy Charles Lammam and Jason Clemens The Fraser Institute The recent federal budget adds fuel to the growing problem of policy uncertainty hovering over the Canadian economy. It’s essentially status quo. It fails to chart a clear course for taxpayers, entrepreneurs and businesses, and risks making Canada even less competitive. Put simply, the government has…

Alberta NDP rejects prosperous polices of the Chretien era

Approach reminiscent of the failed deficit-reduction strategies of Alberta governments throughout the 1970s and 1980s

Alberta NDP rejects prosperous polices of the Chretien eraBy Ben Eisen Steve Lafleur and Jason Clemens The Fraser Institute The Alberta government will run another budget deficit this year – the ninth deficit in 10 years – and it’s important to recognize that the province has been here before. After running steep deficits for much of the mid-1980s to the early 1990s, the…

No prosperity without a return to the Chretien Consensus

Governments across Canada rejecting policies that worked for a set of alternatives that have consistently failed

No prosperity without a return to the Chretien ConsensusBy Jason Clemens and Milagros Palacios The Fraser Institute The Spanish philosopher and writer George Santayana famously said that “Those who cannot remember the past are condemned to repeat it.” In Ottawa today, and in many provinces, it’s not a matter of forgetting the lessons of the past but rather actively rejecting them. Canada enjoyed…

Reality bites carbon pricing scheme in Canada and beyond

If three key assumptions are not met, carbon pricing will always yield lower benefits than advocates suggest

Reality bites carbon pricing scheme in Canada and beyondBy Jason Clemens and Kenneth Green The Fraser Institute There’s a general, indeed a strong consensus, within the economic community that a properly designed carbon tax can both reduce emissions and improve the economy. We broadly agree with this academic analysis. The problem is that carbon taxes in the real world have to be implemented…

Trudeau government looking at hiking capital gains tax

Just might be the single most damaging policy change the Liberal government could implement

Trudeau government looking at hiking capital gains taxBy Jason Clemens and Niels Veldhuis The Fraser Institute As the Liberal government finalizes its 2017 budget, there are increasing rumours that it may increase capital gains taxes. For a government squarely committed to improving economic growth and fostering innovation, doing so might just be the single most damaging policy change it could implement. Unlike…

Feds must reverse course on more campaign promises

Abandoning their promise on electoral reform was a good start, and now they must also reverse course on more of their high-profile promises

Feds must reverse course on more campaign promisesBy Jason Clemens and Charles Lammam The Fraser Institute The federal government’s economic advisory council led by the managing director of global consulting giant McKinsey and Company has called on the federal government to reverse several of its most high-profile policies. Many of the policy recommendations submitted by the council would likely lead to improved…

U.S. should nix its federal department of education

Test results show Canadian education systems, administered by the provinces, produce better-equipped students than the single U.S. system

U.S. should nix its federal department of educationPresident-elect Donald Trump’s choice for U.S. secretary of education could well be transformative, particularly with respect to school choice for lower-income families. But it would have been better to dissolve the U.S. Department of Education (DOE) altogether. Trump has nominated Betsy DeVos, a longtime school choice advocate. She has the potential to reshape federal education policy and…

Morneau’s ‘Plan for Middle Class Progress’ is anything but

The Trudeau government's Plan for Middle Class Progress cuts the country’s income by $131 billion over the next five years

Morneau’s ‘Plan for Middle Class Progress’ is anything butBy Niels Veldhuis and Jason Clemens The Fraser Institute Last week, Federal Finance Minister Bill Morneau released his government’s Fall Economic Statement titled A Plan for Middle Class Progress. As noted in the release, “Finance Minister Bill Morneau announced new measures to ensure middle class progress, and build on the momentum of Budget 2016.” If…

On health-care reform, Trudeau should finish what Chretien started

If the government is serious about sparking innovation and change, it should finish the work of transfer reform begun by the Chretien Liberals

On health-care reform, Trudeau should finish what Chretien startedBy Ben Eisen Jason Clemens and Bacchus Barua The Fraser Institute In the 1990s, Prime Minister Jean Chretien’s Liberals reduced the amount of money it sent to the provinces to help fund provincial welfare programs but, in return, gave the provinces greater freedom to design and implement their own welfare programs. The success of these…