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Milagros Palacios

Associate Director, Addington Centre for Measurement, Fraser Institute

Milagros Palacios is the Associate Director for the Addington Centre for Measurement at the Fraser Institute. She holds a B.S. in Industrial Engineering from the Pontifical Catholic University of Peru and a M.Sc. in Economics from the University of Concepcion, Chile. Ms. Palacios has studied public policy involving taxation, government finances, investment, productivity, labour markets, and charitable giving, for nearly 10 years. Since joining the Institute, Ms. Palacios has authored or coauthored over 70 comprehensive research studies, 70 commentaries and four books. Her recent commentaries have appeared in major Canadian newspapers such as the National Post, Toronto Sun, Windsor Star, and Vancouver Sun.

Recent Research by Milagros Palacios

— Feb 7, 2019
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What Happens to the Federal Deficit if a Recession Occurs in 2019?

What Happens to the Federal Deficit if a Recession Occurs in 2019? finds that the federal government’s projected 2019/20 deficit of $19.6 billion will automatically reach between $28 and $34 billion if a recession hits this year, even before the government pursues any discretionary spending, for example, stimulus spending.

— Jan 22, 2019
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Prime Ministers and Government Spending, 2019 tracks annual per person program spending (adjusted for inflation) by prime ministers since Confederation, and finds that Prime Minister Justin Trudeau has now recorded two of the three years with the highest levels of government spending in Canadian history, including times of war and recession. The all-time high was recorded by Prime Minister Stephen Harper during the 2009 recession.

— Jan 8, 2019
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Can Alberta Restore Its Tax Advantage?

Can Alberta Restore Its Tax Advantage? finds that for Alberta to become one of the lowest taxed jurisdictions in North America again, the province would require a six per cent single-rate personal income tax. Over the past five years, Alberta went from having the lowest top combined (federal/provincial) personal income tax rate in North America to one of the highest, due to tax increases at the provincial and federal levels and tax cuts in the United States.