HispanicBusiness

"The risk for Canada if it copies American energy regulations is that it will inadvertently impede the development of its own opportunities," Horner said.

"Obamacare and Canadian Health Care" by Steven Globerman (Western Washington University):

Obama's re-election ensures the enactment of the Patient Protection and Affordable Care Act (ACA). While specific implementation details remain to be worked out, Globerman argues that the ACA will likely reduce rates of technological change in the U.S. health care sector which, in turn, will reduce the availability of new medical technology to Canada. He also warns that the emergence of rationing and waiting times in the U.S. might also increase the costs of Canadian health care by constraining provincial governments from using spare capacity in the U.S. as a buffer against "excessive" waiting times in Canada.

"Rather than relying upon sending Canadian patients to the United States to deal with excessive wait times, provincial governments will presumably need to add domestic capacity or else increase waiting times for Canadians to receive timely medical treatment," Globerman said.

"This will oblige Canadian governments to spend more on health care."

"How Canada Could Take Advantage of Changes to U.S. Tax Policy" by David R. Henderson (Naval Postgraduate School and the Hoover Institution):

Henderson outlines the competitive disadvantage Canadian income earners face relative to their American counterparts with respect to income taxes. Canadians face higher income tax rates that kick in at lower levels of income compared to Americans; this presents an opportunity for Canada over the next decade or so: balance budgets then reduce personal income taxes.

"Income taxes are the largest source of revenues for governments and the single largest tax for the top 50 per cent of income earners. Continued deficits will prevent the U.S. from implementing sustainable tax relief over the next decade," Henderson said.

"This provides Canada with an opportunity to gain some level of comparability if not a competitive advantage vis-a-vis the U.S. with respect to income taxes."

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 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 www.fraserinstitute.org.



Contacts:
The Fraser Institute
Jason Clemens
Executive Vice-President
(604) 714-4591
jason.clemens@fraserinstitute.org

The Fraser Institute
Alexander Moens
Professor of Political Science, Simon Fraser University
Senior Fellow, Fraser Institute
(778) 782-4361
moens@sfu.ca

The Fraser Institute
Dean Pelkey
Director of Communications
(604) 714-4582
dean.pelkey@fraserinstitute.org
www.fraserinstitute.org