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There are a number of economic costs associated with taxes. The direct and most visible cost of taxes is simply the tax itself. It is the amount of earnings that individuals or businesses forego when they pay taxes. Put simply, an individual earns income but only receives a portion of it after paying for taxes. This is the direct cost of taxation: loss of income.

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This study measures delays in the approval of new medicines by Health Canada and provides patients with the information they need in order to determine whether the time they wait for access to new medicines in Canada is unnecessarily long.

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The Canadian Consumer Tax Index reveals that there has been a dramatic increase in the average family’s tax bill from 1961 to 2012. Among those factors is a sizeable increase in incomes over the period: 1,382 percent since 1961. Even with no changes in tax rates, growth in family income alone would have produced an increase in the tax bill from $1,675 in 1961 to $24,828 in 2012.

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This paper focuses on the Japanese health care system which has been identified as a system that provides some of the best outcomes on an aggregate basis when compared with other developed nations that maintain universal approaches to health care insurance. A careful examination of this high-performing health care system will provide insights and information that will be useful in the Canadian debate over the future of Medicare.

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This report investigates the effect of the Green Energy Act(GEA) on economic competitiveness in Ontario. It focuses on three questions: (1) Will the GEA materially improve environmental quality in Ontario? (2) Is it a cost-effective plan for accomplishing its goals? (3) Are the economic effects on households and leading economic sectors likely to be positive? The answer to each question is unambiguously negative.

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A lack of non-wage benefits data mean that there is insufficient information to make a definitive comparison of total compensation between the private and public sectors. But the data that are available indicate that the public sector enjoys a clear wage premium.

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Fraser Forum is a monthly review of public policy in Canada, with articles covering taxation, education, health care policy, and a wide range of other topics. Forum writers are economists, Institute research analysts, and selected authors, including those from other public policy think tanks.