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Do Budget Deficits Matter?

When is it Appropriate to Run Budget Deficits? and James M. Buchanan and the Political Economy of Debt Financing are two essays in a new series on government deficits that address the federal government’s habit of running deficits, and emphasize lessons pioneered by Nobel-laureate economist James Buchanan on government deficits and the burden on future generations.

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What Changed in Alberta from the Fall 2021 Mid-year Update to Budget 2022

What Changed in Alberta from the Fall 2021 Mid-year Update to Budget 2022 is a new study that finds following a windfall in resource revenue, the recent Alberta budget increased program spending by $4 billion over the next three years. This increase in spending is above and beyond what would be required to keep pace with inflation and population growth.

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Testing Canadian K-12 Students—Regional Variability, Room for Improvement

Testing of Canadian K-12 Students: Regional Variability and Room for Improvement finds that governments across Canada could improve provincewide student testing programs by offering regular uniform testing at multiple grade levels and making school and district performance results available to the public, which would incentivize educational improvements.

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Polling Canadians’ Support for New Federal Government Programs

Polling Canadians’ Support for New Federal Government Programs is a new study, based on a Leger poll commissioned by the Fraser Institute, that finds support for national dental care, pharmacare and $10-a-day daycare drops significantly when tax increases are included, specifically GST hikes. In fact, 4-in-10 Canadians (or less) support the new programs introduced or committed to in the recent federal budget if the GST were increased in order to pay for them.

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The Ebb and Flow of Bank of Canada Independence

The Ebb and Flow of Bank of Canada Independence is a new study that finds for an optimal relationship between the Bank of Canada and the federal government to exist, the bank must make the costs and consequences of inflation clear to the public while the government must ensure the bank operates under their agreement that inflation targeting has in fact served Canadians well.

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What Are the Economic Costs of Raising Revenue by the Canadian Federal Government?

What Are the Economic Costs of Raising Revenue by the Canadian Federal Government? finds that for every additional ($1) dollar of personal income tax revenue collected by the federal government, $2.86 is lost in economic activity because of less investment, less entrepreneurship, less spending and other behavioural changes that shrink the tax base.

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Barriers to the Labour Force Participation of Older Workers in Canada

Barriers to the Labour Force Participation of Older Workers in Canada finds that if governments in Canada want to help seniors who want to continue working, they should remove barriers that discourage them from remaining in the workforce.