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Thinking About Poverty

Thinking About Poverty: Counting The Poor is the first essay in a two-part series that examines the difficulty in measuring poverty in Canada, and in particular spotlights problems with using the Market Basket Measure approach. But because poverty is a serious personal problem for many Canadians, and that it’s also an important social and economic concern that influences government spending and policy, it is crucial to get the measurement of poverty right.

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Taxes versus the Necessities of Life: The Canadian Consumer Tax Index 2022 edition

Taxes Versus the Necessities of Life: The Canadian Consumer Tax Index, 2022 Edition is a new study that finds the average Canadian family spent 43 per cent of its income on taxes in 2021 compared to 35.7 per cent on basic necessities—more than housing, food and clothing costs combined. Since 1961, the average Canadian family’s total tax bill has increased nominally by 2,440 per cent, dwarfing increases in annual housing costs (1,751 per cent), clothing (643 per cent) and food (790 per cent).

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Storm Without End: The Economic and Fiscal Impact of COVID in Canada

Storm without End: The Economic Impact of COVID-19 on Canada and the Provinces finds that the economic impacts of COVID-19 varied across Canada with Alberta experiencing the steepest decline in economic activity in 2020 and Quebec experiencing the sharpest initial decline in employment.

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The Hand of Government in the Intergovernmental Panel on Climate Change

The Hand of Government in the Intergovernmental Panel on Climate Change is a new essay that documents how the IPCC was created by and is controlled by governments of countries that perceive political benefits from international regulatory action to reduce greenhouse gas emissions. In fact, despite misperceptions, the IPCC has never produced a full and fair assessment of what is known and not known regarding the causes and consequences of global climate change, and its structure and processes ensure that it never will.

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What PISA Tell Us about Education in Canada

What International Tests (PISA) Tell Us about Education in Canada finds that despite Canada scoring comparatively well internationally on the latest PISA (Programme for International Student Assessment) tests, Canadian scores in all three subjects—reading, math and science—have significantly declined across the country.

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Comparing Government and Private Sector Job Growth in the COVID-19 Era

Comparing Government and Private Sector Job Growth in the COVID-19 Era is a new study that finds the government sector accounted for nearly 9-in-10 new jobs created since the start of the pandemic, and there has been almost no net job creation in the private sector. In fact, after adjusting for population growth, private sector employment in July 2022 was still below where it was in February 2020 before the pandemic struck.

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ESG: Myths and Realities

ESG: Myths and Realities is a new essay series that highlights the misunderstandings and simplifications of Environmental, Social and Governance investing—ESG investing for short. The first essay, The New Capitalism, identifies the various arguments made in favour of ESG investing, including mandatory ESG disclosures by public companies. The second essay, Friedman and His ESG Critics, revisits Nobel laureate Milton Friedman’s iconic 1970 article in the New York Times, which argued that the sole responsibility of business is to increase profits, and that it is misguided to expect managers of businesses to try to achieve broad public policy objectives.