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Is Fiscal Stimulus an Effective Policy Response to a Recession?

Is Fiscal Stimulus an Effective Policy Response to a Recession? finds that new government spending in response to the recession will likely have little effect on economic growth in Canada—but will produce more government debt.

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Extended Employment Insurance Now Open to All: Atlantic Canada’s Warning for Other Provinces

Extended Employment Insurance Now Open to All: Atlantic Canada’s Warning for Other Provinces finds that as unemployment rates increase and Canada’s employment insurance (EI) program automatically becomes more generous and accessible, many more people are now qualifying for much more generous benefits. This will add to Ottawa’s financial pressures and also risks increasing long-term unemployment, as was experienced in Atlantic Canada.

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Equalization and Stabilization Post-Recession: Is Canada Ready?

Equalization and Stabilization post-recession: Is Canada ready? finds that Canada’s equalization program is not designed to handle the dramatic fiscal changes among provinces happening today, finds a new study released today.

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Comparing Government and Private Sector Compensation in Canada, 2020

Comparing Government and Private Sector Compensation in Canada finds that public-sector employees in Canada—including municipal, provincial and federal government workers—received 9.4 per cent higher wages, on average, than comparable workers in the private sector in 2018, and also enjoyed more generous pensions, earlier retirement, more personal leave and greater job security.

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Reducing the Work Week Through Improved Productivity

Reducing the Workweek Through Improved Productivity finds that Canadians could enjoy a four-day work week by 2030—and actually work fewer hours—without sacrificing living standards or income if productivity increases by two per cent per year over the next decade.

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Prime Ministers and Government Spending: Updated 2020 Edition

Prime Ministers and Government Spending, Updated 2020 Edition finds that total per-person spending in 2020 will reach $13,226, including $3,920 per Canadian in COVID-related spending. This represents a 46.6 per cent increase over the previous highest spending level reached in 2019 of $9,041. Crucially, 2020’s total program spending, after adjusting for inflation, is 50.7 per cent higher than per-person spending during the 2009 recession, and 74.5 per cent higher than the highest point of per-person spending during the Second World War.

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Deferring Federal Taxes: Illustrating the Deficit Using the GST

Deferring Federal Taxes: Illustrating the Deficit Using the GST is a new study that uses the goods and services tax to highlight how much tax the federal government was deferring before the recession. To contextualize the size of the pre-recession deficit, the federal GST (currently five per cent) would have to have been nine per cent in order to balance the budget.