The Fraser Institute: StatsCan Data Show Government Stimulus Efforts Did Little to Fu

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    • Jan 2009
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    The Fraser Institute: StatsCan Data Show Government Stimulus Efforts Did Little to Fu

    VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/23/10 -- Government stimulus packages, including the federal government's $47.2 billion Economic Action Plan, contributed little to Canada's economic turnaround in 2009, concludes a new study released today by the Fraser Institute, Canada's leading public policy think-tank.The study found that government spending and infrastructure investment contributed only 0.2 percentage points to the change in GDP growth between the second and third quarter of 2009 and nothing between the third and fourth quarter. Private-sector investment and increased exports were the driving forces behind the change in GDP growth."Although the federal government has repeatedly claimed

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