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The Fiscal Costs of Debt-Financed Government Spending

The Fiscal Costs of Debt-Financed Government Spending is a new study that finds debt-financed government spending has real economic costs, even when interest rates are very low, including slower economic growth, lower private sector incomes, and spending cuts and/or tax increases by government to stabilize debt levels.

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The State of Markets in Atlantic Canada

The State of Markets in Atlantic Canada is a new study that finds private markets in the Maritimes generally underperformed those in the rest of Canada, with Nova Scotia ranking last among all provinces for private sector investment in 2019 (the most recent year of available data prior to the COVID-19 pandemic), and New Brunswick ranking 8th.

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Indigenous Spending in Budget 2022

Indigenous Spending in Budget 2022 finds that the federal government’s recent substantial increase of Indigenous spending—which will reach a projected $35.5 billion in 2026-27—is mainly due to judicial settlement payouts.

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Canada’s Wasteful Plan to Regulate Plastic Waste

Canada’s Wasteful Plan to Regulate Plastic Waste is a new study that finds Ottawa’s plan to ban plastics by 2030 will have virtually no effect on the environment as only one per cent of Canada’s plastic waste is ever released into the environment as litter, but could ultimately cost Canadians $300 million a year.

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The Accumulated Debt and Economic Performance of Industrialized Countries during COVID finds that Canada had the second-highest increase in gross debt (as a share of the economy) out of 33 countries from 2019 to 2021 while actually underperforming economically compared to most of the same countries.

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Student Testing: An International Context

Student Testing: An International Context is a new study that finds more than 80 countries or jurisdictions are participating in this year’s Programme for International Student Assessment (PISA) study for the Organization for Economic Co-operation and Development, a group of comparable, highly developed nations, including Canada. The OECD reports that about three-quarters of 15-year-old students in those participating countries attend schools in which mandatory standardized tests are used at least once a year.

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Why Educational Testing is Necessary

Why Educational Testing is Necessary is a new essay that highlights the importance of test standardization, and examines the benefits of objective testing versus grade inflation in the education system.

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This year, Tax Freedom Day is Wednesday, June 15. If you had to pay all your federal, provincial and municipal taxes up front, you would give government every dollar you earned from January 1st to Tax Freedom Day, when Canadians finally start working for themselves. In 2022, the average Canadian family (with two or more people) will pay 45.2 per cent of its annual income in taxes, including income taxes, payroll taxes, health taxes, sales taxes, property taxes, fuel taxes, carbon taxes and more.