Fraser Institute News Release: Debt-financed government spending—even with low interest rates—imposes real costs on Canadians and the economy
July 07, 2022 05:00 ET
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Fraser Institute
VANCOUVER, British Columbia, July 07, 2022 (GLOBE NEWSWIRE) -- Contrary to what many Canadians, and interestingly some policymakers and even economists think, debt-financed government spending has...
Fraser Institute News Release: Canada second highest debt accumulator (as a share of the economy) out of 33 countries from 2019-21
June 21, 2022 05:00 ET
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Fraser Institute
VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) -- Canada experienced the second highest increase in its total debt relative to the size of the economy (GDP) from 2019 to 2021 compared...
United States' financial condition worsened by more than $10 trillion in 2021
March 02, 2022 00:59 ET
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Truth in Accounting
Chicago, March 02, 2022 (GLOBE NEWSWIRE) -- Today Truth in Accounting (TIA), a think tank that analyzes government financial reporting, released its annual Financial State of the Union report. This...
Fraser Institute News Release: Young Canadians will pay additional $19,880 in income taxes to pay for federal debt accumulation; those over 65 face extra $1,524 in taxes
September 09, 2021 05:00 ET
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Fraser Institute
CALGARY, Alberta, Sept. 09, 2021 (GLOBE NEWSWIRE) -- The debt the federal government is expected to accumulate now, and in the future, will be disproportionately paid for by younger Canadians, finds...
Fraser Institute News Release: Canada’s debt ranking falls from best in the G7 to 5th worst of 29 advanced countries when total debt is measured
June 01, 2021 05:00 ET
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Fraser Institute
VANCOUVER, British Columbia, June 01, 2021 (GLOBE NEWSWIRE) -- Canada’s relative debt position is much worse than the federal government suggests when a larger group of advanced countries are...
Fraser Institute News Release: May 24 is Tax Freedom Day—but there’s no reason to celebrate
May 21, 2021 05:00 ET
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Fraser Institute
VANCOUVER, British Columbia, May 21, 2021 (GLOBE NEWSWIRE) -- Tax Freedom Day in Canada this year falls on May 24, according to the Fraser Institute’s annual calculations—but there is no reason to...
Fraser Institute News Release: Canada’s combined federal-provincial debt will reach $2 trillion in 2020/21; Ontario’s combined debt now exceeds 100% of the province’s economy
February 02, 2021 05:00 ET
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Fraser Institute
TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Combined federal and provincial debt in Canada has doubled from $1.0 trillion in 2007/08 to a projected $2.0 trillion this year, finds a new study released...
Fraser Institute News Release: Federal spending on benefits for families with children up more than 68% since 2014/15, financed entirely by deficits
October 27, 2020 05:00 ET
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Fraser Institute
VANCOUVER, British Columbia, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Federal spending on benefits for eligible families with children through the Canada Child Benefit increased by 68.5 per cent from...
Fraser Institute News Release: Aging population and historically high spending pre-COVID means no balanced budget for next 30 years
September 22, 2020 05:00 ET
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Fraser Institute
VANCOUVER, British Columbia, Sept. 22, 2020 (GLOBE NEWSWIRE) -- The federal government will not balance its budget over the next 30 years as a result of Canada’s aging population and Ottawa’s...
Fraser Institute News Release: Ottawa spending 50% more per Canadian in 2020 than during the 2009 recession: $13,226 vs. $8,775
May 26, 2020 05:00 ET
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Fraser Institute
VANCOUVER, British Columbia, May 26, 2020 (GLOBE NEWSWIRE) -- Federal government spending this year, which was already on track to be a new record high before the recession, is now expected to be...