Ontario’s per-person debt burden will soon exceed Quebec’s

Both provinces spend between nine and 10 cents out each revenue dollar on debt service payments

Ontario’s per-person debt burden will soon exceed Quebec’sBy Ben Eisen and Charles Lammam The Fraser Institute Ontario and Quebec, Canada’s two largest provinces, recently released their fall updates on the state of government finances. The updates highlight a marked distinction in the progress that each province has made in terms of deficit reduction. Whereas Ontario continues to run large budget deficits, Quebec…

Notley government policies reducing Albertans living standards

Recently implemented policies will negatively impact living standards and economic opportunities

Notley government policies reducing Albertans living standardsBy Niels Veldhuis Ben Eisen and Fred McMahon The Fraser Institute Until recently, Alberta was the most economically free jurisdiction in North America. High levels of economic freedom fostered prosperity and growth, helping make Alberta one of the most affluent jurisdictions on the continent. However, the Alberta government recently implemented a series of policy changes…

Economic freedom and Canada’s public policy schizophrenia

The Trudeau and Notley governments appear intent on repeating B.C.'s mistakes from the 1990s and Ontario's today

Economic freedom and Canada’s public policy schizophreniaIn international rankings of economic freedom, Canada has soared past the United States, so it should be no surprise that among sub-national jurisdictions in North America (which encompasses 10 Canadian provinces, 50 U.S. states and 32 Mexican states) three Canadian provinces – Alberta, British Columbia and Saskatchewan – ranked at the top using 2013 data,…

Federal tax hike another blow to Alberta economy

Alberta’s top rate climbs from 39 per cent to 48 per cent because of recent provincial/federal increases

Federal tax hike another blow to Alberta economyBy Steve Lafleur and Ben Eisen The Fraser Institute In last week’s federal Throne Speech, the Liberal government restated its intention to create a new, higher top federal personal income tax rate. This tax hike will hinder Canada’s economic performance, but it is of particular concern in Alberta. The Liberals’ planned new top marginal tax…

Investor confidence waning in Alberta

Alberta has fallen from the 16th most attractive jurisdiction in the world in 2014 to 38th of 126 jurisdictions in 2015

Investor confidence waning in AlbertaBy Kenneth P. Green and Taylor Jackson The Fraser Institute For the past decade, investment in Alberta’s vast oil and gas resources has allowed the province to become Canada’s economic leader. Even when compared to other energy producing provinces and American states, Alberta was a top performer on economic indicators such as real GDP growth…

Alberta’s new carbon tax anything but revenue neutral

It is more accurate to describe the Notley government's policy approach as “tax and spend"

Alberta’s new carbon tax anything but revenue neutralBy Ben Eisen and Taylor Jackson The Fraser Institute Alberta Premier Rachel Notley’s claim that her government's new carbon tax is “revenue neutral” is, upon analysis, little more than an obfuscation of terminology. Last week, the Alberta government unveiled its new strategy on climate change, aimed at reducing greenhouse gas emissions. The strategy calls for…

Carbon tax major blow to Alberta’s investment climate

A carbon tax latest nail in the coffin for the Alberta Advantage

Carbon tax major blow to Alberta’s investment climateBy Ben Eisen and Charles Lammam The Fraser Institute Recent policy changes have buried the Alberta Advantage. The latest nail in the coffin comes from the provincial government’s new climate change strategy. For many years, Alberta's strong investment climate helped set the foundation for robust economic performance. A competitive, well-designed tax regime anchored an assortment…

Ban on oil tanker traffic not based on evidence

Issuing a moratorium on oil tanker traffic off B.C.’s north coast ignores the evidence on the safety of transporting oil by sea

Ban on oil tanker traffic not based on evidenceBy Kenneth P. Green and Taylor Jackson The Fraser Institute During the recent election campaign, the new federal government committed to pursuing evidence-based public policy. In the mandate letters delivered to each minister at the end of last week, there’s a sentence that states: “our work will be informed by performance measurement, evidence, and feedback…

Tsawwassen natives’ LNG plan could benefit all B.C

But first, approval must be obtained from the 363 members of Tsawwassen First Nation, 170 of whom do not live on the reserve

Tsawwassen natives’ LNG plan could benefit all B.CBy Ravina Bains and Taylor Jackson The Fraser Institute The Tsawwassen First Nation's proposal to build a liquefied natural gas (LGN) terminal south of Vancouver offers the kind of win-win relationship that could bring prosperity to the First Nation and all of British Columbia. On Nov. 16, the First Nation announced its interest in building…

BC economy may do a bit better in 2016 but . . .

don't expect any growth to come from these sectors

BC economy may do a bit better in 2016 but . . .As we get ready to change our calendars, we reflect on the year that has passed and peer into the misty future. Great is not a word that many would use to describe 2015. In British Columbia, the economy bumbled along, doing slightly better than Canada's as a whole, which was held up by housing…