Fraser Institute

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Fraser Institute

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VANCOUVER, BC--(Marketwired - May 17, 2017) - On Thursday, May 18, the Fraser Institute will release a new study examining Canada's health-care system and wait times. The Private Cost of Public Queues for Medically Necessary Care, 2017 spotlights the lost wages and income Canadians sacrifice while waiting for medically necessary treatment. The study includes cost breakdowns for patients in each province. A news release with additional information will be issued via Marketwired on Thursday, May 18 at 5:00 a.m. (Eastern). Follow the Fraser Institute on Twitter | Become a fan on Facebook 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. Visit www.fraserinstitute.org


News Article | May 15, 2017
Site: www.marketwired.com

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2017) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC:APRAF)(FRANKFURT:KCG1) is pleased to announce that it is mobilizing to the Plateau Property in central Yukon with its new strategic partner, a Canadian subsidiary of Newmont Mining Corporation (NYSE:NEM) (News Release March 6, 2017), to execute the most extensive exploration campaign ever carried out on the property. Goldstrike and Newmont will execute an extensive program utilising many of Newmont's proprietary exploration tools that have a proven record of success. Airborne and ground geophysical surveys, geochemistry, geological mapping, detailed sampling and extensive diamond drilling are all aimed at discovering additional zones of gold mineralization while better defining known zones of high grade gold mineralization. Goldstrike has allocated 100% of the proceeds from the recent C$6,200,000 equity investment by Newmont to its exploration program at Plateau. The Plateau Property represents an entirely new and undeveloped district scale gold mineralized system in Canada's Yukon, 130 kilometres southeast of Mayo. Through its brief history, starting in 2011 with the initial discovery by the Goldstrike team, the Plateau Property has year over year revealed an ever-expanding gold mineralized system that has reached 50 kilometres in length and remains open for expansion in all directions. Based on new information and guidance by Newmont, the company has recently expanded the claim block from approximately 350 square kilometres to 2,733 claims encompassing some 571 square kilometres. Goldstrike's Yukon land holdings, including those in the White Gold District, now total 4,704 claims covering over 1,000 square kilometres. Prospecting and mapping crews have consistently discovered high grade gold mineralization in quartz veins, stockworks and breccias at Plateau that often carry visible gold. The team discovered multiple new gold mineralized zones in the final days of the 2016 field season: most notably Bonanza, Goldbar, Bullion and Big Bang. The "Big Bang" is made up of numerous quartz veins and breccias occurring across a 3 kilometre by 2 kilometre area. Fifty reconnaissance rock grab samples taken from the Big Bang zone over an 8 day period returned assays ranging from below detection level to 21.2 grams per tonne (gpt) gold by screen fire metallics assay, including 14 samples that returned over 1 gram per tonne gold. Two initial channel samples from the Big Bang zone returned 2.17 gpt gold over 1 metre and 3.46 gpt gold over 0.5 metre (News Release, October 3, 2016). Drilling to date has confirmed the depth potential of previously discovered zones, with one 2016 drill hole in the Goldstack Zone returning 6.05 gpt gold over 45.5 metres, including 12.5 gpt gold over 20.65 metres, including 21.13 gpt gold over 12.25 metres, including 34.35 gpt (1 ounce per ton) gold over 6.75 metres (News Release September 6, 2016). The Goldstack zone remains open for expansion in all directions. "This will prove to be a defining season for the Plateau Property," said James Moors, P.Geo., Chief Geologist for Goldstrike. "Our recent partnership with Newmont allows us to advance to the next stage of development by committing the resources and technical expertise necessary to further focus our efforts and understand the nature of the extensive new gold system. We are in the enviable position of having an entire suite of high grade gold mineralized showings that merit detailed follow-up sampling, mapping and drilling, and we also have vast areas of very prospective unexplored ground with strong potential to host new gold bearing zones. Year after year our exploration has continued to expand the known extent of this new district scale gold system and produce exciting results." Commencing in early June, a multi-faceted 2017 program will focus on outlining the full extent of numerous newly identified gold mineralized showings with the tools best suited to successfully advance them in preparation for diamond drilling. Bill Chornobay, Goldstrike's COO commented: "Newmont's accomplished team of technical personnel and their full suite of proprietary exploration tools have achieved great success on both Greenfield and brownfield projects worldwide. When combined with Goldstrike's history of discovery on the Plateau Property, this year's work program has an unprecedented capacity to fully realize the potential of this new gold district." Goldstrike has completed the expansion of its holdings of key ground in the White Gold camp from 780 claims to 1,970 claims covering approximately 430 square kilometres over four properties. All four properties, Lucky Strike, BRC, Kings Ransom and Goldsource, are 100% owned by Goldstrike with no underlying property payments or royalties. The Lucky Strike Property will see the largest exploration campaign in its history as recent geology, geochemistry and trench sample results all show strong similarities to those reported at the nearby Kinross Golden Saddle and Gold Corp Coffee Creek deposits. An advanced exploration permit is in progress to facilitate intensive diamond drilling of several surface discoveries as well as extensive trenching across the five gold in soil anomalies identified along a 10 kilometre long structural corridor at Lucky Strike. The recently discovered Monte Carlo zone, an anomaly measuring 1,400 by 350 metres and open for expansion in all directions, is one of the largest known undrilled gold in soil anomalies in the White Gold District. Trenching of this anomaly in 2016 produced bedrock samples assaying 0.42 gpt gold over 154 metres, including 0.76 gpt gold over 78 metres, including 3 gpt gold over 8 metres (Sept. 26, 2016 news release). All trenches on Monte Carlo to date contain gold mineralization. The bedrock gold mineralization is planned to be drilled during the upcoming drill program. The other four large gold in soil anomalies along trend at Lucky Strike are: the Belmont Zone, measuring 1500 by 800 metres, the Samson Zone, measuring 600 by 300 metres, the Boss Zone, measuring 1,000 by 1,000 metres, and the Maverick Zone, measuring 150 by 200 metres. These anomalies all remain open for extension along trend with further trenching and sampling (Sept. 26, 2016 news release). James Moors, P.Geo., Chief Geologist, commented: "As with the program at our Plateau Property, this season's program at Lucky Strike will investigate a full suite of targets: exposed strong bedrock gold mineralization and Induced Polarisation anomalies ready to be drilled; a 10 kilometre corridor of anomalous gold mineralized zones that can be quickly advanced to the drill-ready stage; and large areas of prospective untested ground that offer further excellent potential for additional discoveries." James Moors, P. Geo., Chief Geologist, is a qualified person, as defined by National Instrument 43-101, for Goldstrike's Yukon exploration projects and supervised the preparation of, and has reviewed and approved, the technical information in this release. All drill intersections and assay values included in this release have been reported in previous Goldstrike news releases. Goldstrike is a well-funded exploration company with a focus on two projects in Yukon. It recently entered into a strategic alliance with a Canadian subsidiary of Newmont Mining Corporation to carry out a comprehensive, multi-year exploration program on its Plateau property, and with additional funding from Newmont and a Yukon YMEP grant added to proceeds from prior financings and the exercise of warrants, Goldstrike has the funding required to carry out a comprehensive 2017 program on its Lucky Strike property and its two newly staked properties in the White Gold District. The Fraser Institute currently ranks Yukon as the No. 1 jurisdiction in the world for mineral potential. The Plateau property covers 571 square kilometres (5,700 hectares) in the Mayo Mining District, and contains a district scale gold-mineralized system known as the Yellow Giant Trend. It is 100% owned by Goldstrike subject to a 3% NSR, of which one-third (1%) may be purchased for C$1,500,000 until March 22, 2020. The Lucky Strike property is located in the White Gold District, 30 kilometres northwest of Goldcorp's Coffee Creek gold deposit and 10 to 15 kilometres east of Kinross' Golden Saddle gold deposit. Goldstrike owns a 100% interest in the Lucky Strike, BRC, Kings Ransom and Goldsource properties free and clear of all encumbrances, including royalties. Goldstrike is committed to transparency and the promotion of health, safety, environmental and community interests, which are integral to the conduct of its business. The Company supports the rights of workers and the communities in which it operates. It respects the traditional rights and culture of the First Nations and their concern for the environment and preservation of their cultural heritage. The Company is committed to building relationships based on honesty, openness, mutual trust and involvement, and to working with local communities to develop relationships that focus on creating value for everyone. WORKING TOGETHER, WE SUCCEED. To see additional information and maps of the Plateau Property and the New White Gold District assets the Kings Ransom and Goldsource properties go to www.goldstrikeresources.com. ON BEHALF OF THE BOARD For new information from the Company's programs, please visit Goldstrike's website at GoldstrikeResources.com. For further information follow the Goldstrike's tweets at Twitter.com/GoldstrikeRes. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; and the plans for completion of the contemplated transactions with Newmont as set out above. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as "anticipates", "expects", "understanding", "has agreed to" or variations of such words and phrases or statements that certain actions, events or results "would", "occur" or "be achieved". Although Goldstrike has attempted to identify important factors that could affect Goldstrike and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Goldstrike has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Goldstrike does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.


VANCOUVER, BC--(Marketwired - May 18, 2017) - Long waits for surgery and medical treatment cost Canadians $1.7 billion -- or $1,759 per patient -- in lost wages and time last year, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. "Long wait times have real consequences for many Canadians who, in addition to experiencing increased pain and suffering, may lose income from not working and may also be unable to fully enjoy time spent with family and friends," said Bacchus Barua, senior economist in the Fraser Institute's Centre for Health Policy Studies and co-author of The Private Cost of Public Queues for Medically Necessary Care, 2017. The study calculates the average personal cost of time lost during the work week in Canada last year for the estimated 973,505 patients waiting for treatments across 12 medical specialties including general surgery, orthopedic surgery, and neurosurgery. When calculations are extended to include the value of time outside the traditional work week -- evenings and weekends -- the estimated cost of waiting jumps from $1.7 billion to $5.2 billion, or from $1,759 per patient to about $5,360 per patient. The study draws upon data from the Fraser Institute's Waiting Your Turn study, an annual survey of Canadian physicians who, in 2016, reported a median wait time from specialist appointment to treatment of 10.6 weeks -- three weeks longer than what physicians consider clinically reasonable. Crucially, the $1.7 billion in costs identified in this study are likely a conservative estimate because they don't include the 9.4 week long wait to see a specialist after getting a referral from a general practitioner. Taken together, the median wait time in Canada for medical treatment was 20 weeks in 2016. "As long as lengthy wait times define Canada's health-care system, patients will continue to pay a price in the form of lost wages and reduced quality of life," Barua said. Because wait times and incomes vary by province, so does the cost of waiting for health care. Residents of Nova Scotia in 2016 faced the highest private cost of waiting per patient ($2,611), followed by British Columbia ($2,300) and Alberta ($2,188). Average value of time lost during the work week in 2016 for patient waiting for medically necessary treatment (by province): To arrange media interviews or for more information, please contact: Bryn Weese, Media Relations Specialist, Fraser Institute Tel: (604) 688-0221 Ext. 589 E-mail: bryn.weese@fraserinstitute.org Follow the Fraser Institute on Twitter and Facebook 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. Visit www.fraserinstitute.org


VANCOUVER, BC--(Marketwired - February 14, 2017) - Independent elementary schools in British Columbia continue to perform well above average, but this year more than ninety per cent of all elementary schools in the province that showed significant improvement are public, according to the Fraser Institute's annual ranking of B.C. elementary schools released today. The average overall rating for B.C.'s independent elementary schools was eight out of 10, compared to 5.6 out of 10 for public schools in the Report Card on British Columbia's Elementary Schools 2017. "Independent schools in the province continue to outperform their public school counterparts," concluded Peter Cowley, director of School Performance Studies at the Fraser Institute. But of the 61 schools that showed statistically significant improvement since 2012, 57 were public. "It is encouraging to see public schools across the province showing signs of improvement. Improving schools can show struggling schools how to help their students achieve better results," said Cowley. This year's report ranked 956 public and independent elementary schools based on 10 academic indicators derived from the provincewide Foundation Skills Assessment (FSA) results. Notably, four of Mission school district's 11 ranked public schools enjoyed statistically significant improvement since 2011/12. In fact, the 2nd fastest improving school in the province was Mission's Silverdale. Its overall rating moved upward every year since 2012, from 3.0 to 6.4 this year. At Mary Jane Shannon Elementary in Surrey, despite ESL students making up 45.4 per cent of the students, its overall rating improved from 4.4 to 5.6 over the past four years. And improvement is not confined to the Lower Mainland and Fraser Valley. Suwilaawks Community School in Terrace improved from 1.2 to 4.1 during the same period. "All too often we hear excuses that schools can't improve their students' performance because of the communities they serve, but there are success stories across B.C. where teachers with students that face challenges every day nonetheless find ways to help their students improve," Cowley said. For the complete results on all ranked schools, and to easily compare the performance of different schools, visit www.compareschoolrankings.org. 10 fastest improving elementary schools in B.C. (fastest at the top) Follow the Fraser Institute on Twitter | Like us on Facebook 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. Visit www.fraserinstitute.org


TORONTO, ON--(Marketwired - February 19, 2017) - Secondary schools in all corners of Ontario are showing signs of improvement, but far too many schools aren't improving at all, or worse, have declined in their overall ratings, according to the Fraser Institute's annual ranking of Ontario secondary schools released today. "From northern Ontario to the southwest, urban and rural, schools with high levels of special needs students or schools in ethnically diverse communities, there are examples across the province of schools serving students with very different needs that are improving year after year," said Peter Cowley, director of School Performance Studies at the Fraser Institute. This year's Report Card on Ontario's Secondary Schools ranks 740 anglophone and francophone public and Catholic schools (as well as a small number of independent and First Nations schools) based on seven academic indicators from results of annual provincewide math and literacy tests. Of the 10 fastest improving secondary schools in Ontario, none are in Toronto or even the Greater Toronto Area. Marie-Rivier, a French Catholic high school in Kingston, is the fastest improving, followed by West Ferris Secondary School in North Bay, Sacre-Coeur in Sudbury, and St. Thomas Aquinas in Lindsey. Looking at the 15 schools in the Toronto-area that are improving, nearly half had household incomes well below the provincial average of $74,700 in 2012/13, the last school year for which this statistic was calculated. C.W. Jeffreys near Jane and Finch in Toronto was the fastest improving school in the GTA. Blessed Mother Teresa in Scarborough's Malvern neighbourhood was 2nd fastest. James Cardinal McGuigan, also in the Jane and Finch area, was the 7th fastest improving school in the GTA. While 59 schools across the province showed improvement in their overall ratings over the past five years, 51 showed declining scores. "All too often we hear excuses that schools can't improve their students' performance because of the communities they serve, but there are success stories across Ontario where teachers with students that face challenges every day nonetheless find ways to help their students improve," Cowley said. For the complete results on all ranked schools, and to easily compare the performance of different schools, visit www.compareschoolrankings.org. 10 fastest improving secondary schools in all Ontario (fastest at the top) 10 fastest improving secondary schools in Toronto and the GTA (fastest at the top) Follow the Fraser Institute on Twitter | Like us on Facebook 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. Visit www.fraserinstitute.org


News Article | February 15, 2017
Site: www.marketwired.com

VANCOUVER, BC--(Marketwired - February 09, 2017) - Governments across Canada could have collectively saved $12.7 billion in 2013/14 -- and lessened their debt and deficit burdens -- if they had restrained spending increases on public schools to changes in enrolment and overall prices (inflation) during the previous decade, finds a new study by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. Instead, while public school enrolment (elementary and secondary) declined across Canada by more than four per cent between 2004/05 and 2013/14, per-student public school spending increased by 25.8 per cent, even after accounting for inflation. "Spending decisions in one area have broader effects on a government's bottom line. Looking at public school spending as an example, if spending increases had been restrained to account only for enrolment changes and inflation, the fiscal situation in many provinces right now would be markedly better," said Charles Lammam, director of fiscal studies at the Fraser Institute. The study, Fiscal Consequences of Higher Spending on K-12 Public Schools in Canada, finds that the significant increase in per-student spending -- over and above enrolment changes and inflation -- contributed to deeper budget deficits in all but two provinces in 2013/14. For instance, had the Ontario government linked public school spending starting in 2004/05 with inflation and enrolment, Queen's Park would have saved $5.2 billion in 2013/14, cutting the province's $10.5 billion deficit in half. Likewise, with restrained public school spending, Quebec would have essentially returned to a balanced budget in 2013/14 instead of 2015/16, and Prince Edward Island would have also recorded a small surplus instead of a $46 million deficit. In Alberta, had increases in public school spending been restrained, Alberta's $302 million deficit in 2013/14 would have been a $1.4 billion surplus. "Failure to restrain increases in public school spending has consequences, as provincial governments run deeper deficits and increase the debt burden on future generations," said Ben Eisen, Fraser Institute's director of provincial prosperity studies. For interviews with Charles Lammam or Ben Eisen, or for more information, please contact: Follow the Fraser Institute on Twitter and Facebook 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. Visit www.fraserinstitute.org


CALGARY, AB--(Marketwired - February 27, 2017) - On Tuesday, Feb. 28, the Fraser Institute will release its annual Survey of Mining Companies. This year's survey ranks 104 jurisdictions worldwide, including Canadian provinces, on their attractiveness to investors based on responses from mining executives from around the world. A news release with additional information will be issued via Marketwired on Tuesday, Feb. 28 at 5:00 a.m. (Eastern). The complete survey will also be available as a free PDF download at www.fraserinstitute.org. Follow the Fraser Institute on Twitter | Like us on Facebook 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. Visit www.fraserinstitute.org


VANCOUVER, BC--(Marketwired - February 16, 2017) - British Columbia's carbon tax is no longer revenue neutral and could actually result in almost $900 million in higher taxes over a six-year period, finds a new study by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. "The B.C. government has effectively raised taxes by hundreds of millions of dollars without British Columbians even knowing about it," said Charles Lammam, director of fiscal studies at the Fraser Institute and co-author of Examining the Revenue Neutrality of British Columbia's Carbon Tax. Initially in 2008/09, the province's carbon tax was revenue neutral, keeping with the B.C. government's commitment. To offset the new revenue, the government introduced new cuts to personal and business tax rates and a new tax credit for low income earners. In other words, the government cut other taxes to roughly equal the new revenues from the carbon tax so that the province did not collect any additional revenue from taxpayers. However, just five years later, the carbon tax ceased being revenue neutral because the government no longer provided new tax cuts to sufficiently offset the additional carbon tax revenue. Beginning in 2013/14, the government started counting as offsets a number of existing tax credits that pre-dated the introduction of the carbon tax. Indeed, some of the tax credits date back to the 1990s. "Put simply, the B.C. government started counting pre-existing tax credits as offsets for new revenues from the carbon tax, which clearly violates the basic principle of revenue neutrality," explained Lammam. Once the pre-existing tax reductions are excluded, B.C. taxpayers paid $226 million in increased taxes in 2013/14 and $151 million in increased taxes in 2014/15. The carbon tax will result in a cumulative $865 million tax increase on British Columbians between 2013/14 and 2018/19, according to the government's own projections. These findings are especially important given the federal government's requirement on the provinces to adopt a carbon pricing system by 2018, and the fact that proponents often tout B.C.'s carbon tax as a model to follow, in part because of its alleged revenue neutrality. "As B.C.'s carbon tax is eyed by policymakers across Canada as a potential model to follow, it's important for all Canadians to understand it's not revenue neutral anymore." MEDIA CONTACT: Charles Lammam, Director, Fiscal Studies Fraser Institute For interviews with Charles Lammam or for more information, please contact: Bryn Weese Media Relations Specialist, Fraser Institute Office: (604) 688-0221 ext. 589 bryn.weese@fraserinstitute.org Follow the Fraser Institute on Twitter and Facebook 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. Visit www.fraserinstitute.org


VANCOUVER, BC--(Marketwired - March 02, 2017) - Only 11 cents of every dollar in new federal government infrastructure spending will be spent on highways, bridges, railways and ports -- projects that can actually help improve Canada's economy, finds a new study by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. This finding corroborates a Senate committee report from earlier this week that encouraged Ottawa to make transportation and trade infrastructure a priority. "The federal government has pinned its economic hopes on a major infrastructure spending plan, but only a small fraction of the money is going towards projects that are likely to spur economic growth," said Charles Lammam, the Fraser Institute's director of fiscal studies and co-author of Myths of Infrastructure Spending in Canada. The study finds that of the nearly $100 billion in new infrastructure spending announced within the last year by the federal government, only 10.6 per cent will be spent on projects relating to transportation and trade, which have the potential to strengthen the economy by more efficiently moving people and goods across the country and to international markets. Most of the new spending is instead going to so-called "green" and "social" infrastructure including pet projects such as new parks, community centres and hockey arenas. Although communities may value and appreciate these initiatives, there is no evidence such spending will improve economic growth. And provincially, too, governments are only spending a small fraction of infrastructure dollars on projects that can improve the economy. Of the Ontario government's $138 billion infrastructure spending over the next 10 years, just 18.8 per cent will be spent on highways. And in Alberta, just 20.6 per cent of the provincial government's $34.8 billion capital plan is being spent on roads and bridges. In addition, the study also dispels other myths of infrastructure spending in Canada. For instance, it shows that governments have in fact significantly increased infrastructure spending over the past 15 years, and the value of Canada's total infrastructure is currently at the highest level in four decades. "It's a myth that governments have neglected spending on infrastructure. The issue, however, is that too few dollars are going to projects that would actually strengthen our economy," Lammam said. For interviews with Charles Lammam, or for more information, please contact: Bryn Weese, Media Relations Specialist Fraser Institute 604-688-0221 ext. 589 bryn.weese@fraserinstitute.org Follow the Fraser Institute on Twitter | Like us on Facebook 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. Visit www.fraserinstitute.org


CALGARY, AB--(Marketwired - February 27, 2017) - On Tuesday, Feb. 28, the Fraser Institute will release its annual Survey of Mining Companies. This year's survey ranks 104 jurisdictions worldwide -- including U.S. states and Canadian provinces -- on their attractiveness to investors based on responses from mining executives from around the world. A news release with additional information will be issued via Marketwired on Tuesday, Feb. 28 at 5:00 a.m. (Eastern). The complete survey will also be available as a free PDF download at www.fraserinstitute.org. Ken Green, Senior Director of the Centre for Natural Resources Fraser Institute To arrange media interviews or for more information, please contact: Like us on Facebook 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. Visit www.fraserinstitute.org.

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