Editor: David A. McGregor wrote a very informative essay about the Fraser Institute’s policies and objectives. The Fraser Institute is a right-wing conservative think-tank staffed by well-paid professionals who promote lower taxes and less government. They would end most social programs just as Harper is doing now and in fact could be a mouthpiece for the Harper administration and his efforts to reduce the size of government operations. They are a registered charity who receive about $7 million annually in private funding and issue over $3 million in tax receipts.
Since Harper was elected to power, corporate income taxes have been cut from 11 per cent to under eight per cent, there are corporate cuts to research and development, investment in employee training is cut by 40 per cent, total cash reserves and over all profits are up and the stock market is booming. Adjusted to inflation, minimum wages have not increased for the past 20 years so the average full-time worker still earns about $ 21,000 annually. Under Harper business and the private sector has fully recovered from the 2008 recession however the average wage earner is just where he was two decades ago and no change is expected.