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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 | 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...
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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 | 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...
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United States' financial condition worsened by more than $10 trillion in 2021
March 02, 2022 00:59 ET | 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...
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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 | 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...
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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 | 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...
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Fraser Institute News Release: May 24 is Tax Freedom Day—but there’s no reason to celebrate
May 21, 2021 05:00 ET | 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...
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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 | 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...
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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 | 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...
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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 | 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...
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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 | 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...