By Fraser Institute —— Bio and Archives--September 19, 2023
TORONTO—Canada has one of the fastest growth rates in size of government in the world, suppressing the space for free exchange and Canadians’ economic freedom, according to the Fraser Institute’s annual Economic Freedom of the World report released today.
“In 2014, Canada ranked 71st in the size of government, its best historic ranking in this area, where lower rankings indicate taxation and spending. Due to its especially large COVD response, the country’s size of government ranking fell to 129th in 2020. It has now climbed back, but only to 99th place, Canada’s lowest ranking ever in size of government except for the COVID period,” said Fred McMahon, Dr. Michael A. Walker Research Chair in Economic Freedom with the Fraser Institute.
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