Government Spending & Taxes

— Jan 10, 2023
Printer-friendly version
The Growing Debt Burden for Canadians: 2023 Edition

The Growing Debt Burden for Canadians: 2023 Edition finds that not only has Canada’s projected combined government debt (the federal debt and the provincial debt of all 10 provinces) nearly doubled since 2007/08, the year before the last recession, but the combined debt now equals 74.6 per cent of the Canadian economy.

— Jan 5, 2023
Printer-friendly version
Broken Promises: The Persistence of Elevated Personal and Corporate Income Taxes in Ontario

Broken Promises: The persistence of elevated personal and corporate income taxes in Ontario is a new study that finds due to both federal and provincial tax hikes, Ontario now has the third highest top combined federal/provincial or federal/ state top income tax rate in Canada or the United States—having jumped from 46.41 per cent in 2012 to 53.53 per cent.

— Jan 4, 2023
Printer-friendly version
The End of Spending Restraint in British Columbia

The End of Spending Restraint in British Columbia finds that after a long period of relative spending restraint, the B.C. government significantly increased spending—even before any COVID-related spending began.

— Dec 6, 2022
Printer-friendly version
An Evaluation of Three Alternative Fiscal Anchors for Canada

An Evaluation of Three Alternative Fiscal Anchors for Canada is a new study that evaluates three fiscal rules that Canadian governments could adopt: (1) a debt reduction target, (2) a ceiling on the ratio of interest payments to revenues, and (3) a balanced budget rule (achieved by either spending restraint or tax increases).

— Nov 17, 2022
Printer-friendly version
Measuring the Fiscal Performance of Canada's Premiers, 2022

Measuring the Fiscal Performance of Canada's Premiers, 2022 is a new study that ranks Canadian premiers (seven current and four former) based on three fiscal policy categories: government spending, taxes, and deficits and debt up to the fiscal year 2021/22. Premiers who managed spending more prudently, balanced the budgets, and or paid down debt ranked higher.

— Nov 1, 2022
Printer-friendly version
British Columbia's Growing Tax Competitiveness Problem

BC's Tax Competitiveness Problem is Growing over Time is a new study that finds British Columbia now has the 4th highest top Personal Income Tax (PIT) rate in Canada or the United States at 53.5 per cent—only 1.3 per cent lower than Newfoundland and Labrador, the highest rated jurisdiction in both the US and Canada.

— Oct 27, 2022
Printer-friendly version
Measuring Progressivity in Canada’s Tax System, 2022

Measuring Progressivity in Canada’s Tax System, 2022 finds that the top 20 per cent of income-earning families pay more than half (53 per cent) of total taxes including sales and property taxes. Conversely, the bottom 20 per cent of income-earning families pay 0.8 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.

Subscribe to the Fraser Institute

Get the latest news from the Fraser Institute on the latest research studies, news and events.

Research Experts