Who was Barbara Mitchell?
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Stimulating Economic Growth through Abundant Energy

Stimulating Economic Growth Through Abundant Energy finds that access to affordable, abundant energy promotes economic growth and could help Canada recover from the COVID recession. In particular, a ten per cent increase in energy use is associated with a 1.16 per cent increase in GDP. Critically, Canada’s economic growth over the past decade was already weaker than several other developed countries including the United States, Germany, Japan, and the whole G7 group of economies, on average.

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Distribution of CERB: Estimating the Number of Eligible Young People Living with Parents

Distribution of CERB: Estimating the Number of Young People Eligible and Living with Parents finds that young people living at home with their parents in households with at least $100,000 of income are eligible for as much as $11.8 billion in Canadian Emergency Relief Benefit (CERB) payments. Crucially, many of these young, dependent Canadians could actually see a significant increase in their monthly income by receiving CERB payments.

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The Revenue Effects of Rescinding Ontario's Tax Rate Hike on High-Income Earners

The Revenue Effects of Rescinding Ontario’s Tax Rate Hike on High-income Earners finds that lowering the province’s top personal income tax rate from the current 20.53 per cent back to 17.41 per cent—where it was prior to a so-called “temporary” rate hike in 2012—would only cost the government $26 million in the first year in foregone tax revenues, thanks to increased economic activity. And lowering the province’s top personal income tax rate would significantly increase Ontario’s attractiveness for investment, entrepreneurs and high-skilled workers.

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Biologics and Biosimilars: A Primer

Biologics and Biosimilars: A Primer finds that Canadian patient access to potentially life-saving biologic medicines is comparatively limited because Canada’s protection of intellectual property in the life sciences—including biology and biochemistry—lags behind other industrialized countries.

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Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness, 2020

Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness, 2020 finds that workers in Canada—across all income levels—pay higher personal income tax rates than workers in the United States, which can deter professionals, entrepreneurs and businessowners from working and investing in Canada.

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An Open Letter to the People of Hong Kong

An international group of think tanks from 35 nations and territories from around the world has penned an open letter condemning the actions of the Communist Party of China and supporting the people of Hong Kong. On Tuesday, China’s National People’s Congress passed its controversial national security law, which violates Hong Kong’s Basic Law and encroaches on the city’s freedoms and liberties. The letter, which details Hong Kong’s success since the Second World War in becoming one of the most prosperous, entrepreneurial, and freest places on earth, is signed by 37 member organizations of the Economic Freedom of the World Network, which is led by Canada’s Fraser Institute.

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The Essential Joseph Schumpeter is a new book, website and animated video series that provide an overview of the key ideas of one of the most accomplished economists of the 20th century. Joseph Schumpeter is best known for popularizing the phrase “creative destruction”—the process where new innovations arise and cause the old way of doing things to disappear. Throughout his career in the private sector, government and academia, Schumpeter’s work fundamentally influenced the way economists view entrepreneurship, innovation and economic progress.

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