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Canada’s GHG Cap on the Oil and Gas Industry Is All Pain With No Gain

Canada’s GHG Cap on the Oil and Gas Industry Is All Pain With No Gain finds that the federal government’s planned cap on greenhouse gas emissions, which will inevitably reduce oil and gas production in Canada, will cost the Canadian economy at least $44.8 billion in 2030—without any substantive effect on global emissions.

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From Reconciliation to Reparations: Exploiting a Noble Idea

From Reconciliation to Reparations: Exploiting a Noble Idea is a new study that documents how the current judicially driven approach of the federal justice department to negotiate financial compensation with First Nations to settle lawsuits—instead of litigation—means elected representatives have no meaningful oversight of the large sums of money being paid out. And contrary to Canadian legal tradition, individual claims of mistreatment are not merely leading to compensation, but are being used to overturn core government policies enacted by previous Parliaments.

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The Road to Socialism and Back: An Economic History of Poland, 1939-2019

The Road to Socialism and Back: An Economic History of Poland, 1939–2019 is a pre-release of an upcoming book by the Fraser Institute—part of a new multimedia project, The Realities of Socialism—that documents how Polish people suffered under socialism, but then prospered after Poland transitioned to a democracy and market economy. This pre-release consists of the first three chapters of the upcoming book by Peter J. Boettke, Konstantin Zhukov and Matthew Mitchell.

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Thinking About Poverty Part 2: Counting the Poor—The Empirical Evidence

Counting the Poor: The Empirical Evidence is the second part of the Thinking About Poverty series by Senior Fellow Christopher A. Sarlo. The new study finds that three different Statistics Canada models for measuring poverty are broadly consistent: Income poverty for households is in the five to seven per cent range; and for individuals, it is in the four to six per cent range. Critically, the study also measures consumption poverty, which measures what households consume rather than counting their income. This is important because many low-income households will draw on savings, charity, assistance from family, etc. that assists them but doesn’t appear in income statistics. Consumption poverty was less than three per cent of Canadians in 2019, which points to an all-time low for “basic needs” poverty in Canada.

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Comparing Median Employment Incomes in Canada’s Census Metropolitan Areas

Comparing Median Employment Incomes in Canada’s Census Metropolitan Areas measures median employment income—wages, salaries and commissions from paid and net self-employment income before taxes and transfers—across Canada’s 41 census metropolitan areas for 2019, and finds CMAs containing capital cities ranked highest on average.

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Mill’s Harm Principle: A Study in the Application of On Liberty

Mill’s Harm Principle: A Study in the Application of On Liberty is a new essay by Sandra J. Peart—part of the Institute’s Essential Scholar series—that explores in-depth John Stuart Mill’s famous harm principle, its relevance today and how it might impact the debates surrounding gun control, free speech and even mandates during the COVID-19 pandemic.

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Global Aftermath: The Economic and Fiscal Effects of COVID in Canada and the World

Global Aftermath: The Economic and Fiscal Effects of COVID in Canada and the World finds that during the pandemic, despite high levels of government spending and debt accumulation, Canada’s economy underperformed compared to most other advanced countries.