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November 07, 2024 05:00 ET | Source: Fraser Institute

Fraser Institute News Release: 7-in-10 provinces had combined government debt burdens that exceeded the size of their entire economies in 2022, curbing economic growth

VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Combined federal and provincial government debt in seven provinces exceeded the value of all goods and services produced in those...
July 07, 2022 05:00 ET | Source: Fraser Institute

Fraser Institute News Release: Debt-financed government spending—even with low interest rates—imposes real costs on Canadians and the economy

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...
June 21, 2022 05:00 ET | Source: Fraser Institute

Fraser Institute News Release: Canada second highest debt accumulator (as a share of the economy) out of 33 countries from 2019-21

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...
March 02, 2022 00:59 ET | Source: Truth in Accounting

United States' financial condition worsened by more than $10 trillion in 2021

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...
September 09, 2021 05:00 ET | Source: Fraser Institute

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

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...
June 01, 2021 05:00 ET | Source: Fraser Institute

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

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...
May 21, 2021 05:00 ET | Source: Fraser Institute

Fraser Institute News Release: May 24 is Tax Freedom Day—but there’s no reason to celebrate

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...
February 02, 2021 05:00 ET | Source: Fraser Institute

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

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...
October 27, 2020 05:00 ET | Source: Fraser Institute

Fraser Institute News Release: Federal spending on benefits for families with children up more than 68% since 2014/15, financed entirely by deficits

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...
September 22, 2020 05:00 ET | Source: Fraser Institute

Fraser Institute News Release: Aging population and historically high spending pre-COVID means no balanced budget for next 30 years

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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