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Achieving the Four-Day Work Week

Two new essays—Putting Government on a Financial Diet: The Role of Statutory Fiscal Rules by Jack Mintz, president’s fellow at the University of Calgary, and Government Size and Economic Growth: An Overview by Livio Di Matteo, professor of economics at Lakehead University and a senior fellow at the Fraser Institute—note that the federal government’s budget deficit and mounting debt, and the overall size of government in Canada, will discourage economic productivity and the possibility of a four-day work week.

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Carbon Pricing in High-Income OECD Countries

Carbon Pricing in High-Income OECD Countries is a new study that finds of the 14 countries in the OECD that have implemented a carbon tax, all have failed with respect to key design aspects of a well-functioning carbon tax, such as using carbon tax revenue to reduce more economically harmful taxes like personal income taxes, removing other emission-related regulations, and ending government subsidies to alternative energy sources.

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Does Canada Need a Wealth Tax?

Does Canada Need a Wealth Tax? is a new study that finds not only will implementing a wealth tax reduce Canada’s economic growth and recovery post-COVID, but that it is unnecessary as the wealth inequality gap is shrinking in Canada. A wealth tax in Canada would constrain economic growth by discouraging savings and investment, especially when wealth taxes are layered on top of existing taxes.

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Job Creation and Housing Starts in Canada’s Largest Metropolitan Areas

Job Creation and Housing Starts in Canada’s Largest Metropolitan Areas is a new study that finds the Vancouver and Toronto areas—while accounting for less than 25 per cent of Canada’s population, accounted for 120,000 new jobs from 2015 to 2019. But over the same period, the number of new housing starts in the two regions remained largely stagnant at approximately 57,000 a year—a rate that has largely been unchanged since 2002.

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Is the Canada Child Benefit Targeted to those Most in Need?

Is the Canada Child Benefit Targeted to those Most in Need?, part one of an essay series on the Canada Child Benefit (CCB), finds that families with less than $40,000 of annual household income receive 16.2 per cent of total benefits from the CCB program—compared to 21.8 per cent under two child benefit programs scrapped by the federal government in 2016.

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Local Leviathans: The Rise of Municipal Government Spending in Canada, 1990–2018

Local Leviathans: The Rise of Municipal Government Spending in Canada, 1990–2018 finds that local governments across Canada have increased spending significantly in recent years—even before the COVID-19 pandemic and recession. In fact, from 2008 to 2018, total municipal spending in Canada increased 51 per cent, from $68.4 billion to $103.3 billion. And total municipal government revenues—including taxes, user fees and grants from other levels of government—increased 54 per cent over the same recent 10-year period.

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Cartels and Casinos: First Nations’ Gaming in Canada

Cartels and Casinos: First Nations’ Gaming in Canada finds that if Canadian policymakers want to help First Nations generate more revenue and improve living standards, they should reduce regulation of the gaming industry and allow entrepreneurs—not regulators—to make decisions about casino locations and other key industry factors.