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  1. Defence spending in Canada—a look at the data

    Recently in Brussels, U.S. President Donald Trump chastised several NATO members—including Canada—for not meeting their commitment to spend 2 per cent of gross domestic product (GDP) on national defence. Canada is among the 23 of 28 ...

  2. NAFTA renegotiation—Canada should brace for a troubling list of demands

    Last week, the newly appointed U.S. trade representative, Robert Lighthizer, wrote to Congressional leaders in both the House of Representatives and the Senate to officially give notice that President Trump will initiate negotiations ...

  3. Prime ministers and government spending in Canada—a retrospective

    As Canada celebrates its 150th birthday, it’s worthwhile to retrospectively look at the spending records of the country’s various prime ministers. The following blog discusses some important aspects of our recently released study ...

  4. Only 10.6% of Ottawa's nearly $100 billion in new infrastructure spending is for trade and transportation

    Charles Lammam, director of Fiscal Studies at the Fraser Institute, recently provided testimony to the Senate Standing Committee on National Finance about the federal government’s infrastructure plan. Here’s a transcript of his testimony ...

  5. Softwood lumber tariffs—another hostile trade salvo from Trump administration

    The Trump administration this week announced that it will impose new tariffs on Canadian softwood lumber imports. Specifically, the U.S. Commerce Department will apply countervailing duties, ranging from 3 per cent to 24 per cent, ...

  6. Canada’s current agricultural supply management system—not worth fighting for

    In one of his continuing stream of complaints and threats to dissolve NAFTA, President Trump recently took aim at Canada’s dairy industry stating that the U.S. can’t let Ottawa “take advantage” of the trade relationship, and that what ...

  7. The high cost of raising revenue through Canada’s personal income tax

    The personal income tax (PIT) is the single largest source of revenue for Canadian governments, but it also has a major impact on the level and growth of personal income. The PIT influences a wide range of important economic decisions ...

  8. Trump’s tax plans stall—along with growth prospects in the U.S. and Canada

    In early January, President Trump restated his campaign pledge that he would cut taxes “massively.” Trump’s pledge to reduce taxes has been seen as a major factor in the increase in U.S. equity prices. From Trump’s election until early ...

  9. Major changes to Canada’s federal personal income tax—1917-2017

    As a result of the funding demands of the First World War, Canada’s federal government introduced both a personal and corporate income tax in 1917. The advent of the personal income tax in particular marked a significant shift in federal ...

  10. William Watson: My favourite finance minister of them all

    Last week the Fraser Institute published a short book about the income tax, then and now, edited by Fraser executive vice-president Jason Clemens and myself. It’s called The History and Development of Canada’s Personal Income Tax: Zero ...