Closing the gap on global inequality by every measure

From income to health to education, the metrics show improving conditions around the world

Closing the gap on global inequality by every measureAccording to recent news reports, economic inequality is on the rise. Since inequality is the gloomy backdrop for many policy discussions, it’s unsurprising that many people in the world’s wealthiest countries worry about the issue. However, very few are aware that this increase in inequality (the magnitude and causes of which are hotly debated) is…

B.C. education system performs well while holding line on spending

B.C. financially supports parents who choose independent schools with per-student grants of up to 50%

B.C. education system performs well while holding line on spendingWhile other Canadian provinces experience decline in student performance despite increased education spending, in the opposite is true for British Columbia. The province’s kindergarten-to-Grade-12 education system is performing well while keeping spending on public education relatively low. Other provinces should look to B.C. to see that student achievement doesn’t require a large increase in spending.…

CPP takes bigger bite from Canadians

But much of the justification for expanding the pension plan is debatable or downright wrong

CPP takes bigger bite from CanadiansBy Jason Clemens, Jake Fuss and Milagros Palacios The Fraser Institute Canadians likely noticed that their first paycheque of 2019 was slightly smaller than in 2018, even if they got a raise. The decline in after-tax income is because the first of several tax increases to finance an expanded Canada Pension Plan (CPP) took effect…

The tide of global freedom is receding, but there’s hope

Economic freedom liberates people from dependence on the powerful so they can build better lives without fear

The tide of global freedom is receding, but there’s hopeIs the world losing its taste for freedom as we move further into 2019? Two recent reports confirm the perception that freedom is under attack globally. The Human Freedom Index, a joint project of Canada’s Fraser Institute, U.S.-based Cato Institute and Germany’s Friedrich Naumann Foundation for Freedom, measures freedom on a zero to 10 scale,…

Federal spending dangerously near record Canadian levels

Increasing the size and role of government almost always comes with larger deficits, mounting debt and/or tax increases

Federal spending dangerously near record Canadian levelsBy Jake Fuss, Milagros Palacios and Jason Clemens The Fraser Institute Fiscal prudence is a key aspect of any prime minister’s legacy. The choice to increase the size and role of government almost always comes with larger deficits, mounting debt and/or tax increases. Unfortunately, the federal government under Prime Minister Justin Trudeau has ignored these…

B.C. mayors shaking down energy companies are ignoring reality

We know what a world without fossil fuels looks like – we used to live in it. It was cold, poor, dark, ignorant, starving and backwards

B.C. mayors shaking down energy companies are ignoring realityWest Coast Environmental Law, an advocacy organization based in Vancouver, has persuaded a group of British Columbia mayors and city councillors to write threatening letters to major oil and gas companies. The letters demand the companies pay large arbitrary sums to compensate for a list of supposed harms associated with greenhouse gases from fossil fuel…

Despite government subsidies, Canadian innovation wanes

Burdensome regulation, limited competition and unfavourable taxes hold Canadian companies back

Despite government subsidies, Canadian innovation wanesStudies show that innovation is the driving force behind long-run increases in incomes in developed countries. But Canada is falling behind. The implementation and adoption of new methods of producing goods and services, along with the introduction and use of new products and new ways of organizing businesses, remain critical to improving living standards. Canada’s…

Provinces, municipalities key to avoiding housing bubble

Zoning, building codes and construction trade regulations all fall under the jurisdiction of these governments

Provinces, municipalities key to avoiding housing bubbleRecently, the Bank of Canada voiced concerns about the Canadian economy, leading it to slash outlooks on future trends. One of the issues contributing to this pessimistic stance is the condition of housing markets in Canada. Housing construction activity and prices are falling after a long period of price increases that fuelled claims of a…

The practical limitations and realities of government

Recognizing those limitations and realities will result in a more effective, focused government that uses taxpayer resources more wisely

The practical limitations and realities of governmentBy Jason Clemens and Niels Veldhuis The Fraser Institute There’s a gap, some might say a chasm, between what advocates for new and expanded government programs imagine government can achieve versus the day-to-day reality of government. Recent Canadian history provides no shortage of examples of ambitious, imaginative initiatives for government. The current federal government, for…

China sets debt traps, threatens militarily and seduces

We must be on guard as China carves a disturbing global role that goes well beyond trade malfeasance

China sets debt traps, threatens militarily and seducesAs China and the United States escalate their trade talks (or trade war), China is carving a disturbing global role that goes well beyond trade malfeasance. China has emerged as an old threat revived, the authoritarian seducer. The latest Human Freedom Index, published by Canada’s Fraser Institute, the U.S. Cato Institute and Germany’s Friedrich Naumann…