Fraser Institute

Fraser Institute News Release: Ottawa’s new building energy efficiency regulations will add $55,000 to cost of new homes in Canada by 2030

Retrieved on: 
Tuesday, September 12, 2023
Bangladesh Technical Education Board, Primary energy, Housing, The Weather Network, BEE, Fraser Institute, Public policy, Fraser, ERP, Oil

Crucially, the stricter building regulations will only reduce Canada’s total emissions by 0.9 per cent.

Key Points: 
  • Crucially, the stricter building regulations will only reduce Canada’s total emissions by 0.9 per cent.
  • Across Canada, the increased home costs range from a high of $78,093 in British Columbia to $22,144 in New Brunswick.
  • What’s more, the new regulations will affect the Canadian economy broadly, reducing economic activity by 1.8 per cent, which translates to roughly $1,700 per worker starting in 2026.
  • “Given these new building regulations will only reduce Canada’s emissions by less than one per cent, policymakers should maybe ask whether the costs are worth it.”

Fraser Institute News Release: COVID school closures across Canada lasted 50 to 135 days minimum depending on province; imposing life-long costs on children

Retrieved on: 
Thursday, September 7, 2023
Macpherson, Education, Policy, COVID-19, Forgotten, Quality of life, Public policy, Fraser Institute, Research, Government, Bangladesh Technical Education Board, School, Student, Entrepreneurship, Commerce, Health, Mental health, Nursing, Tutoring

When the COVID-19 pandemic hit in early 2020, entire populations halted socializing, schooling and commerce.

Key Points: 
  • When the COVID-19 pandemic hit in early 2020, entire populations halted socializing, schooling and commerce.
  • Quickly, however, data emerged regarding virus transmission and the realistic risks of COVID-19 by age, showing school closures were unnecessary.
  • Learning loss: Early test score data shows a decline in student achievement following school closures.
  • Lower risk group: Evidence shows that children faced lower health risks from COVID-19 than did any older age group.

Fraser Institute News Release: Government sector accounts for more than 86% of new jobs in Canada since pandemic began

Retrieved on: 
Friday, September 1, 2023
Government, Bangladesh Technical Education Board, COVID-19, Private sector, Entrepreneurship, Public policy, Fraser Institute, Private, COVID, Tutoring

“The government sector, not the private sector, is driving job creation in Canada since the onset of the COVID pandemic and recession,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of Comparing Government and Private Sector Job Growth in the COVID-19 Era.

Key Points: 
  • “The government sector, not the private sector, is driving job creation in Canada since the onset of the COVID pandemic and recession,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of Comparing Government and Private Sector Job Growth in the COVID-19 Era.
  • The study examines labour market statistics between February 2020 when the pandemic started and July 2022, the most recent available monthly information.
  • It finds that jobs in the government sector have increased by 9.4 per cent (net) versus just 0.4 per cent in the private sector, including self-employment.
  • The government sector added 366,800 jobs (net) during this period while the private sector (including self-employment) added 56,100.

Fraser Institute News Release: Eight out of ten provinces recorded increases in per student spending (inflation-adjusted) in public schools

Retrieved on: 
Tuesday, August 29, 2023
Bangladesh Technical Education Board, Pension, Statistics Canada, Edition, Education, Public policy, Fraser Institute, Tutoring

“Contrary to what we often hear, spending is on the rise in public schools across Canada, and in most cases, it’s outpacing inflation and enrolment changes,” said Michael Zwaagstra, senior fellow with the Fraser Institute and co-author of Education Spending in Public Schools in Canada, 2023 Edition.

Key Points: 
  • “Contrary to what we often hear, spending is on the rise in public schools across Canada, and in most cases, it’s outpacing inflation and enrolment changes,” said Michael Zwaagstra, senior fellow with the Fraser Institute and co-author of Education Spending in Public Schools in Canada, 2023 Edition.
  • Nationally, inflation adjusted per student spending on public schools increased by 8.3 per cent over that same time period.
  • British Columbia (12.8 per cent) and Manitoba (7.8 per cent) also recorded substantial increases in per student spending (inflation-adjusted).
  • “When it comes to our children’s education, it’s important to understand exactly what’s happening with spending in public schools,” said Zwaagstra.

Fraser Institute News Release: Only 2 Canadian cities rank in top half of 141 metropolitan cities in Canada and the US on employment income

Retrieved on: 
Thursday, August 24, 2023
CMAS, 134th, Employment, Tax, St. Catharines/Niagara District Airport, Fraser Institute, Public policy, Government, Bangladesh Technical Education Board, National Capital Region (Canada), Crucial Conversations: Tools for Talking When Stakes Are High, City, Health insurance, Oil

“Canadians in our largest urban centres are generally earning less employment income than people living in comparable American cities,” said Ben Eisen, Fraser Institute senior fellow and co-author of Comparing Median Employment Income in Large Canadian and American Metropolitan Areas .

Key Points: 
  • “Canadians in our largest urban centres are generally earning less employment income than people living in comparable American cities,” said Ben Eisen, Fraser Institute senior fellow and co-author of Comparing Median Employment Income in Large Canadian and American Metropolitan Areas .
  • The study compares median employment income—wages, salaries and commissions from paid and self-employment income (net) before taxes and government transfers—in the 141 largest metropolitan areas in Canada and the United States.
  • The lowest ranking Canadian CMAs are St. Catharines-Niagara (138) at $31,540, London (135) at $36,180, and lastly Montreal (134) at $36,660.
  • “Employment incomes are generally higher in US metropolitan areas—big and small—than they are in Canadian cities,” said Eisen.

Fraser Institute News Release: The average Canadian family paid more in 2022 on taxes than it did on housing, food and clothing combined

Retrieved on: 
Tuesday, August 22, 2023
Food, Housing, Clothing, Quality of life, Fiscal Studies, Public policy, Fraser Institute, Research, Carbon, Government, Bangladesh Technical Education Board, Just Dance 2023 Edition, Entrepreneurship, Health, Health insurance, Tax

In 2022, the average Canadian family earned an income of $106,430 and paid in total taxes equaling $48,199.

Key Points: 
  • In 2022, the average Canadian family earned an income of $106,430 and paid in total taxes equaling $48,199.
  • In other words, the average Canadian family spent 45.3 per cent of its income on taxes compared to 35.6 per cent on basic necessities.
  • This is a dramatic shift since 1961 when the average Canadian family spent much less of its income on taxes (33.5 per cent) than the basic necessities (56.5 per cent).
  • Taxes have grown much more rapidly than any other single expenditure for the average Canadian family.

Latitude Uranium Provides Update to Shareholders

Retrieved on: 
Monday, August 21, 2023
Saskatchewan Research Council, Private sector, CSE, Paladin Energy, CMB, Small modular reactor, Uranium, Territory, Safety, Michelin, Policy, OTCQB, Athabasca Basin, Fraser Institute, FRA, Gravity anomaly, Yellow star, Bangladesh Technical Education Board, Workers Compensation Commission of New South Wales, Rolls-Royce SMR, Acquisition, CPS, Mining, IOCG, Hydro-Québec, Uranium mining, Oil

TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to provide an update to shareholders in an open letter from President and CEO John Jentz.

Key Points: 
  • TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to provide an update to shareholders in an open letter from President and CEO John Jentz.
  • Throughout the past year, Latitude has solidified its position as a Canadian uranium explorer and developer.
  • With the resurgence in the nuclear sector, I am pleased to share an update on the steps we are taking to position Latitude for future success.
  • I joined Latitude Uranium as CEO as part of the acquisition of the Angilak Project, which saw the Company add an excellent uranium asset in Canada with over $95 million previously spent advancing the project.

Average Swedes pay high taxes to finance large government

Retrieved on: 
Thursday, August 17, 2023
Mirage, Welfare state, Economic history, GST, Public policy, Fraser Institute, Government, Bangladesh Technical Education Board, Fraser, Socialism, Atlantic Ocean

Specifically, in 2022 government spending in Sweden (as a share of the economy) was 46.8 per cent compared to 41.5 per cent in Canada.

Key Points: 
  • Specifically, in 2022 government spending in Sweden (as a share of the economy) was 46.8 per cent compared to 41.5 per cent in Canada.
  • In other words, the top personal income tax rate in Sweden applies to many average Swedish workers and families.
  • “Average Swedes pay the tax price for their large government sector,” Norberg said.
  • Finally, according to polling data released in 2023, Canadians overwhelmingly reject higher personal income taxes and a higher GST to finance more government spending.

Fraser Institute News Release: Populist regimes erode economic freedom, research shows

Retrieved on: 
Tuesday, August 15, 2023
Politics, Organization, Quality of life, OECD, Fraser Institute, Public policy, Research, Government, Bangladesh Technical Education Board, Economic Freedom of the World, Entrepreneurship, Majority rule, Crucial Three, Pacific Economic Cooperation Council, Nursing, Populism, Economic freedom

This is the conclusion of new research in this year’s upcoming Economic Freedom of the World report, published annually by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

Key Points: 
  • This is the conclusion of new research in this year’s upcoming Economic Freedom of the World report, published annually by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
  • And while it has long dominated politics in certain parts of the world, such as Latin America, populism has now spread to much of the globe,” said Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute.
  • The new study, Populism, Majority Rule, and Economic Freedom , to be published in this year’s upcoming Economic Freedom of the World report, investigates the relationship between populism and economic freedom—the ability of individuals to make their own economic decisions.
  • “Human flourishing depends on secure property rights, a robust rule of law, and institutional rules that protect economic freedom for all,” said Matthew Mitchell, Fraser Institute Senior Fellow.

New Found Signs Memorandum of Understanding with Maritime Resources Corp. for Use of the Pine Cove Mill

Retrieved on: 
Monday, August 14, 2023
Mining, Minerals, Natural Resources, NFG, MAE, Town, Gander International Airport, Ontario Highway 115, Queensway, Transient-voltage-suppression diode, Fraser Institute, Bangladesh Technical Education Board, Gold, Maritime, NYSE, John Keats

Ron Hampton, Chief Development Officer of New Found, commented, “Queensway is a unique project, endowed with high-grade gold mineralization and ideally located for potential development.

Key Points: 
  • Ron Hampton, Chief Development Officer of New Found, commented, “Queensway is a unique project, endowed with high-grade gold mineralization and ideally located for potential development.
  • Mineralization at Keats, Iceberg and Keats West is easily accessible and located less than one kilometre from the Trans-Canada Highway.
  • Renewable hydroelectric sourced high-tension powerlines run directly across the project adjacent to the Keats, Iceberg and Keats West zones.
  • Newfoundland is currently ranked as the world’s #4 mining jurisdiction by the Fraser Institute, providing a highly supportive regulatory environment.