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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

— Apr 18, 2019
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Examining Federal Debt in Canada by Prime Minister Since Confederation

Examining Federal Debt in Canada by Prime Minister Since Confederation finds that by the end of his first term later this year, Prime Minister Justin Trudeau will have increased federal debt by 5.6 per cent per person—the largest increase of any prime minister in Canadian history who didn’t govern during a world war or recession. By contrast, other recent Liberal prime ministers such as Jean Chrétien, Paul Martin and Lester Pearson who also never governed during a world war or recession all cut per-person debt—Chrétien by 13 per cent, Martin by 8 per cent and Pearson by 6 per cent.

— Mar 12, 2019
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Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness (2019)

Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness finds that Canadian workers across the income spectrum—and across the country—pay significantly higher personal income taxes than their American counterparts. In fact, at incomes of $50,000, $150,000 and $300,000, among all 61 provinces and states in Canada and the U.S., the 10 highest combined personal income tax rates are in the 10 Canadian provinces.

— 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.