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Taxes, Innovation, and Productivity Growth

Taxes, Innovation, and Productivity Growth is a new study that highlights the negative effect that higher corporate and personal income taxes have on innovation. In particular, Canada’s tax system is uncompetitive compared to those of other advanced economies—including the United States—when it comes to encouraging innovation-related activities, which in turn slows productivity growth, a key driver of higher living standards.

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The Circular Economy: (Re)discovering the Free Market

The Circular Economy: (Re)discovering the Free Market is the latest installment in the Institute’s essay series on the ESG (environmental, social and governance) movement. It documents how current calls for a centrally-planned “circular economy” ignore the historical evidence that shows, in fact, entrepreneurs and market economies have been innovating ways to re-use industrial byproducts and waste for centuries.

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Federal and Provincial Debt-Interest Costs for Canadians, 2023 edition

Federal and Provincial Debt Interest Costs for Canadians, 2023 edition is a new study that finds Canadians in every province will pay more than $1,300 per person in 2022/23 on government interest costs, totalling $68.6 billion on interest payments for the federal and provincial debts.

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Measuring British Columbia’s Prosperity Gap

Measuring British Columbia’s Prosperity Gap finds that, among eight peer jurisdictions (including Alberta and Washington State), B.C. in 2019 had the lowest median employment income, a key indicator of economic well-being.

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Human Freedom Index 2022

According to this year’s Human Freedom Index, for the first time since 2012, Canada does not rank among the top 10 freest countries worldwide.

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Comparing Government and Private Sector Compensation in Ontario, 2023 Edition

Comparing Government and Private Sector Compensation in Ontario, 2023 Edition finds that the wages of government employees in Ontario are 34.4 per cent higher, on average, than wages in the private sector in 2021, the most recent year of available comparable data from Statistics Canada’s Labour Force Survey.

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Comparing Government and Private Sector Compensation in Quebec, 2023 Edition

Comparing Government and Private Sector Compensation in Quebec, 2023 Edition finds that the wages of government employees in Quebec are 32.2 per cent higher, on average, than wages in the private sector in 2021, the most recent year of available comparable data from Statistics Canada’s Labour Force Survey.

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ESG Is Mainly Top-Down Planning by Elites

ESG Is Mainly Top-Down Planning by Elites is a new essay in the Institute’s series on the Environmental, Social and Governance movement. In it, adjunct scholar Matt Lau details how the refocus of business and financial activity toward ESG concerns has been pushed from above by government bodies and politically powerful organizations at the expense of individual investors.