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Measuring Canadian Energy Subsidies: A Review of the State of the Art with Recommendations for Reform

Measuring Canadian Energy Subsidies: A Review of the State of the Art with Recommendations for Reform is a new study that documents the current state of energy subsidies in Canada—in particular how they are measured—in light of the federal government’s pledge to phase out those subsidies it deems to be inefficient.

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The Effect of Population Aging on Economic Growth in Canada

The Effect of Population Aging on Economic Growth in Canada is a new study that finds an increase in share of the population aged 65 years or older results in a reduction in the growth rate of per person GDP, and by 2043, the population share of seniors is projected to reach between 21.1 per cent and 25.5 per cent based on data from Statistics Canada.

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Measuring Progressivity in Canada’s Tax System, 2023

Measuring Progressivity in Canada’s Tax System, 2023 finds that the top 20 per cent of income-earning families pay more than half (53.1 per cent) of total taxes including sales and property taxes. Conversely, the bottom 20 per cent of income-earning families pay 2.0 per cent of total taxes, due partly to the progressivity of Canada’s tax system where the share of taxes paid typically increases as incomes rise.

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The Price of Public Health Care Insurance, 2023

The Price of Public Health Care Insurance, 2023 is a new study that finds the typical Canadian family (two parents and two children) with an average household income of $169,296 will pay $16,950 for public health care this year. In fact, the cost of public health care insurance for the average Canadian family increased 4.2 times as fast as the cost of clothing, 2.1 times as fast as the cost of food, 1.8 times as fast as the cost of shelter, and 1.7 times as fast as the average income.

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On COVID, We Fought the Last War. And Lost

On COVID, We Fought the Last War. And Lost is the latest installment in the Institute’s series on the COVID-19 pandemic. This essay, by Jay Bhattacharya and Martin Kulldorff, documents how much of the government responses to the COVID-19 pandemic were inspired by practices used to combat the HIV pandemic decades earlier. But because the two viruses are so different, these HIV-inspired policies were entirely unsuited to manage the COVID-19 pandemic.

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ESG Disclosures and the Decision to Go Public

ESG Disclosures and the Decision to Go Public is a new essay in the Institute's series on the ESG (environmental, social and governance) movement. It highlights how mandating ESG disclosures could discourage firms from entering public markets, thereby limiting entrepreneurial opportunities by making one of the main channels for accessing capital more expensive.