The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of 86 think-tanks. Its mission is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals. To protect the Institute’s independence, it does not accept grants from governments or contracts for research. Visit fraserinstitute.org.
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“To more meaningfully tackle the housing shortage in Canada, policymakers will have to look at ways to create more housing units of all types across our urban areas, and not just in certain small pockets”
This cap, which will inevitably curtail oil and gas production in Canada, will likely harm the petrochemical and plastics sectors, which use petroleum as a feedstock for producing their products
“The evidence is clear—despite the rhetoric, even temporary deficit-financed government programs impose significant future costs on taxpayers,” said Bev Dahlby, Fraser Institute senior fellow and study co-author.
“Closing the compensation gap between the government and private sectors would reduce costs and help governments move towards balancing their budgets.”