From Fraser Institute <[email protected]>
Subject Economic Freedom of North America and Ontario's electricity costs
Date November 9, 2019 6:00 PM
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FRASER UPDATE
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Latest Research Nov 4-10, 2019
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Electricity costs for Ontario residents keep increasing despite government subsidy
The Ontario Government’s Electricity Policies 2018-2019: How They Are Failing and How to Fix Them finds that electricity prices in Ontario have continued to rise over the past year, despite the Ontario government’s attempts to lower them. In fact, even with a new debt-funded government subsidy, residential electricity prices in Toronto rose by five per cent from April 2018 to April 2019 and residents across Ontario are paying 22 per cent more (on average) for electricity than the rest of Canada.
Read More ([link removed])

Alberta remains most economically-free province in Canada, despite major declines since 2015
Economic Freedom of North America 2019 finds that New Hampshire has reclaimed its status as the most economically free state in the U.S., having scored 7.93 out of 10 in this year’s report, which measures government spending, taxation and labour market restrictions. Rounding out the top five freest states are Florida (2nd), Tennessee (3rd), Virginia (4th) and Texas (5th). For the fifth year in a row, New York was ranked the least free (50th), followed by West Virginia (49th), Alaska (48th), Vermont (47th) and Oregon (46th).
Read More ([link removed])

Recent Commentary and Blog Posts
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Will the last energy company to leave Alberta please turn off the lights ([link removed])
(Appeared in the Calgary Sun) by Kenneth P. Green. 
Foreign direct investment in Canada dropped 56 per cent between 2013 and 2017.

It’s time to let equalization shrink ([link removed])
by Ben Eisen.
The equalization program will cost nearly $20 billion this year.

Ford government backtracks on amalgamation—which is good news for municipal accountability ([link removed])
by Josef Filipowicz.
In many cases, municipal employee wages were harmonized upwards.

Another lesson from Alberta—reduce taxes on businesses ([link removed])
(Appeared in the Ottawa Sun) by Ben Eisen. 
Alberta's tax relief plan may help spur the creation of 58,000 additional jobs in 2022.

Ontario vs. Michigan—a tale of two manufacturing jurisdictions ([link removed])
by Ben Eisen and Steve Lafleur. 
Compared to 2007, Ontario had 170,000 fewer manufacturing jobs in 2017.

Squamish Nation’s bold housing plans put Vancouver City Hall to shame ([link removed])
(Appeared in the Globe and Mail) by Josef Filipowicz.
Rather than decide how much parking residents should have, city hall should let residents decide for themselves.

Simply balancing Ontario’s budget won’t stop debt surge ([link removed])
by Livio Di Matteo.
The projected deficit will hit $9 billion in 2019-20.

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 think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute's independence, it does not accept grants from governments or contracts for research. For more, call (800) 665-3558 ext. 590.

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