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Atlantic Canada Prosperity

— Apr 8, 2021
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Math Performance in Canada

Math Performance in Canada is a new study that finds students across Canada experienced declining results in international math tests from 2003 to 2018. According to PISA data over a recent 15-year period, Canada had the fifth highest score among 37 participant countries in 2003, but Canada’s score dropped to 12th place among the 78 participating jurisdictions in the most recent 2018 assessment.

— Mar 16, 2021
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Estimated Impacts of a $170 Carbon Tax in Canada finds that the federal government’s plan to impose a $170 per tonne carbon tax by 2030 will result in 184,377 fewer jobs nationwide and cause a 1.8 per cent drop in Canada’s Gross Domestic Product (GDP), which in 2019 would represent a loss to the economy of about $38 billion.

— Feb 25, 2021
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Federal and Provincial Debt-Interest Costs for Canadians

Federal and Provincial Debt-Interest Costs for Canadians is a new study that finds taxpayers across Canada will pay a total of $49.6 billion—or about $4 billion a month—in interest payments for the federal and provincial debts this year alone. Even provinces that recently had low interest costs, such as Alberta, have lost this advantage due to years of mounting debt and deficits.

— Feb 17, 2021
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Atlantic Canada's Precarious Public Finances

Atlantic Canada’s Precarious Public Finances finds that the financial positions of the four Atlantic provinces are unsustainable, and they will face rising debt-to-GDP ratios in the coming years in the absence of policy changes or improved economic growth. Crucially, the Atlantic provinces’ finances are more vulnerable than those in other provinces because of a number of economic and demographic factors in the region, such as an older population, high tax and interest rates, and a greater dependency on federal transfers from Ottawa.

— Feb 2, 2021
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The Growing Debt Burden for Canadians: 2021 Edition

The Growing Debt Burden for Canadians: 2021 Edition is a new study that finds combined federal and provincial government debt in Canada has doubled from $1.0 trillion in 2007/08 to a projected $2.0 trillion this year. And the combined debt now equals 91.6 per cent of the Canadian economy—up from 65.2 per cent last year.

— Jan 28, 2021
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Fiscal Federalism and the Dependency of Atlantic Canada

Fiscal Federalism and the Dependency of Atlantic Canada is a new study that examines Atlantic Canada’s dependency on fiscal transfers from Ottawa, and highlights how the region is vulnerable to any significant changes in fiscal federalism. The study finds that from 2007 to 2019, federal spending (including Employment Insurance, equalization, health care, and various other subsidies and programs) in Atlantic Canada equaled more than a quarter—27.5 per cent—of the region’s economy

— Jan 5, 2021
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Education Spending in Public Schools in Canada, 2021 Edition

Education Spending in Public Schools in Canada, 2021 Edition finds that the spending in Canadian public schools is up 13 per cent, or $8.2 billion in nominal spending, since 2013/2014. After adjusting for inflation and changes in enrolment over the same five-year period, per-student spending on public schools increased in eight out of 10 provinces in Canada.

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