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This report presents the results of the Fraser Institute’s 7th annual survey of petroleum industry executives and managers regarding barriers to investment in oil and gas exploration and production facilities in various jurisdictions around the globe. Those barriers include high tax rates, costly regulatory obligations, uncertainty over environmental regulations and the interpretation and administration of regulations governing the “upstream” petroleum industry, and concerns over political stability and security of personnel and equipment. A total of 864 respondents participated in the survey, providing sufficient data to evaluate 157 jurisdictions.

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This paper is the latest in a series of studies on the measurement of poverty in Canada. It provides new estimates of poverty in Canada using the Basic Needs Line. It determines the trend in poverty over the past 40 years, and provides a fairly detailed profile of the poor.

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Slow regulatory and reimbursement approvals in Canada are affecting cancer survival.

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How Equalization Over-serves Have-not Provinces

In 2012/13, the federal government’s total transfers to the provinces amounted to $60.1 billion, or $1,725 per capita. This study examines one of those federal transfer programs, equalization. Equalization is an unconditional transfer of federal funds to provinces eligible for such payments; eligibility is determined based upon calculations of “fiscal capacity”.

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The discussion of the limitations of government and subsequent government failure is wholly absent from debate in Canada where, unfortunately, we still assume that governments act benevolently and without institutional constraints. The Auditor General of Canada’s reports, provide concrete evidence of the existence and extent of federal government failure in Canada.

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This edition of Waiting Your Turn 2013 indicates that waiting times for elective medical treatment have increased since last year. Specialist physicians surveyed across 12 specialties and 10 Canadian provinces report a total waiting time of 18.2 weeks between referral from a general practitioner and receipt of elective treatment.

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In just six years, the value of Alberta’s net financial assets—the broadest, most comprehensive measurement of Alberta’s financial “wealth”—has dropped by 65 percent, from $34.5 billion in the 2006/07 fiscal year to $12.1 billion in 2012/13, a six-year, $22.4-billion decline.