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Demographics and Entrepreneurship blog series: The connection between entrepreneurship and prosperity
As part of the blog series summarizing the Fraser Institute’s Demographics and Entrepreneurship essays, this post summarizes the theoretical and empirical connection between entrepreneurship and economic prosperity. The entrepreneur ...
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Canada’s competitiveness problem with the personal income tax
In 1917, Canada’s political leaders were worried about what the introduction of a personal income tax would mean for the nation’s international competitiveness and its continued ability to attract investment and people. As Canada ...
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Lessons from Michigan’s economic turnaround
Appeared in the American Spectator, August 18, 2016 As this year’s presidential, congressional and gubernatorial elections approach, the American public can expect a political debate filled with promises to enhance economic growth. As voters weigh the ...
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Lessons for Ontario from Michigan’s economic revival
Appeared in the Toronto Sun, August 17, 2016 Notwithstanding a recent uptick in economic growth, Ontario has been mired in a long-term economic slump that has lasted more than a decade. In fact, inflation-adjusted economic growth per person averaged an ...
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Ontario can learn from Michigan’s success
Recently, Ontario Premier Kathleen Wynne and Michigan Governor Rick Snyder (both pictured above) signed a memorandum of understanding stating they would cooperate to promote innovation in the regional auto industry. It’s noteworthy that ...
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Ontario vs. Michigan: Policy Lessons from the Wolverine State
Michigan’s strong economic performance since 2011 stands in contrast to Ontario, a jurisdiction that also has a large manufacturing base as a central feature of its economy but one that has not experienced an economic resurgence comparable to Michigan’s ...
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Raising the minimum wage is not the right policy to help B.C.’s working poor
In a recent opinion piece, Irene Lanzinger, president of the B.C. Federation of Labour, argued that British Columbia should establish a $15 minimum wage to help fight poverty. Helping the working poor is of course a laudable goal, but ...
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Misguided minimum wage policies miss their target, hurt low-skilled workers
Appeared in the Toronto Sun, March 7, 2016 Governments across the country have been hiking their minimum wage. Last year, every Canadian province except for New Brunswick (which has an increase planned for this year) hiked its minimum wage. And campaigns ...
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Raising the Minimum Wage: Misguided Policy, Unintended Consequences
Proposals to increase the minimum wage have re-emerged in provinces across the country. For instance, the Alberta government recently pledged to hike the provincial minimum wage from $10.20 to $15 per hour by 2018, already taking the first step with a $1 ...
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Ontario Manufacturing: Myths vs. Realities
Appeared in the National Post Ontario’s chronic budget deficits have been a problem for more than a decade, as they initially surfaced during the early 2000s but came back with a vengeance once the recession struck. Defenders of the status quo argue that ...