By Fraser Institute —— Bio and Archives--September 19, 2021
TORONTO—In the Fraser Institute’s annual Economic Freedom of the World report, Canada is no longer among the top 10 most economically-free countries in the world.
In this year’s report, Canada ranks 14th based on 2019 data, the most recent comprehensive data, part of a downward trend since 2016. (Last year, Canada initially ranked 8th, although data revisions later lowered its rank to 13th.)
“Due to higher taxes and increased regulation in Ottawa and the provinces, Canadians are less economically free, which means slower economic growth and less investment in Canada,” said Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute.The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
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