The Fraser Institute

The Fraser Institute

May 01, 2013 09:42 ET

CORRECTION: Fraser Institute Economist Available to Dissect Ontario Budget Thursday and Friday

TORONTO, ONTARIO--(Marketwired - May 1, 2013) - The following corrects and replaces the release issued earlier today on behalf of the Fraser Institute. Please note the contact information to arrange an interview has been changed.

Jason Clemens, Fraser Institute executive vice-president, will be in Toronto and available to provide analysis and comment on Ontario's 2013 budget on Thursday, May 2 and Friday, May 3.

Clemens warns that Ontario's debt load is higher than that of California, America's most-indebted state, and could reach 66 per cent of GDP by 2019. He argues that a credible plan to balance the budget must strike at the root of the problem: excessive government spending. Key targets for spending reductions include public-sector compensation, electricity subsidies, and corporate subsidies. Clemens also argues for cost-saving health policy reforms based on successful models of universal health care in Australia, Japan, and Sweden.

Clemens is participating in the budget lockup Thursday and will be available for media interviews from 4:00 p.m. onward and Friday morning. He is also available for pre-budget comments on Thursday morning.

To book an interview, please contact:

Kendal Egli
Communications Specialist, Fraser Institute
Tel: (416) 363-6575 ext. 235

Dean Pelkey
Communications Director, Fraser Institute
Tel: (604) 714-4582

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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

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