Fraser Institute invites applications for essay contest available for Canadian and foreign students, studying in Canada or abroad. Submissions will be considered from secondary and post-secondary (undergraduate and graduate) students in all disciplines. An essay can have more than one author and any prizes awarded will be split evenly between the authors. New prize amount for 2014 is $9,000 (cash prizes). In addition to receiving cash prizes, winners may be published in Canadian Student Review once they have gone through the peer review process. The application deadline is May 30, 2014.
Study Subject (s):Contest is available in all disciplines.
Course Level:Essay Contest is available for secondary and post-secondary (undergraduate and graduate) students.
Scholarship Provider: Lotte and John Hecht Memorial Foundation
Scholarship can be taken at: Canada
-The contest is open to Canadian and foreign students, studying in Canada or abroad. A student is defined as someone who attends school in the 2013/2014 school year.
-Submissions will be considered from secondary and post-secondary (undergraduate and graduate) students in all disciplines.
-There will be three separate categories: High School, undergraduate, and graduate students. The category definitions are based on your status in the 2013/2014 school year; for example, if you are an undergraduate student from fall 2013 until spring 2014, you qualify in the ‘Undergraduate’ category.
-An essay can have more than one author, and any prizes awarded will be split evenly between the authors.
Scholarship Open for International Students: Canadian and foreign students can apply for this Essay Contest.
Scholarship Description: Showcase your ideas on public policy and the role of markets by entering essay competition. New prize amount for 2014 is $9,000. The topic of essay is “The rise of crony capitalism: how government and business gain at the taxpayers’ expense”. Crony capitalism occurs when government and businesses collude to create advantages for some at the expense of others. It distorts market competition and can promote reckless behavior, leading to power and money shifts, and creates unequal opportunities for those involved. Crony capitalism can take several forms, including taxes, tariffs, subsidies, price controls, regulations, and bailouts. Society pays the economic and socials costs of cronyism. These costs include corruption, reduced competition, less business and job opportunities, inflated prices, and a general decrease in economic activity.
What does it cover?Prizes will be awarded in three separate categories:
High School, 1st Prize: $1,500, 2nd Prize: $1,000 and 3rd Prize: $500
Undergraduate: 1st Prize: $1,500, 2nd Prize: $1,000 and 3rd Prize: $500
Graduate: 1st Prize: $1,500, 2nd Prize: $1,000 and 3rd Prize: $500
Winning essays may be published in Fraser Institute journals. All entries become the property of the Fraser Institute. In addition to receiving cash prizes, winners may be published in Canadian Student Review once they have gone through the peer review process.
Selection Criteria: Entries will be judged on originality, clear expression of ideas, and understanding of competitive markets.
How to Apply:
-Entry must include a typed essay of 1,000-1,500 words, and a cover sheet including the student’s name, mailing address, phone number, and e-mail address. High school students should include school and grade. Post-secondary students should include school, major, and year of graduation. The topic of essay is “The rise of crony capitalism: how government and business gain at the taxpayers’ expense”.
–Online entries may be submitted as a Word or a PDF document. Finalists will be required to send their essay as a Word document, if they have not already done so.
-Entries must include references cited from academic sources. Any academically acceptable referencing style may be used.
-The cover page, references and image/graph captions are not included in the word limit.
-Please note that if you are a finalist and include a graph in your essay, you will be required to send it to us in an Excel file with the underlying data in order that we can recreate it in house. If you want to include a previously published graph for which you do not have the underlying data, you must cite its source appropriately to prove that you have permission to reuse it.
-If you have a foreign postal code or telephone number that is not accepted on the online application form, please write it in the Comments box, and use ‘X1X 1X1’ or ‘123-123-1234’ in the actual postal code or telephone number field.
Scholarship Application Deadline:The application deadline is May 30, 2014.
Further Official Scholarship Information and Application
Showcase your ideas on public policy and the role of markets by entering our essay competition. $9,000 in cash prizes will be awarded with $3,000 of this is designated just for high school students! Winning essays may be published in Fraser Institute journals and authors will have the opportunity to experience the peer review process.
Categories and Prizes:
|1st Prize: $1,500||1st Prize: $1,500||1st Prize: $1,500|
|2nd Prize: $1,000||2nd Prize: $1,000||2nd Prize: $1,000|
|3rd Prize: $500||3rd Prize: $500||3rd Prize: $500|
2018 Essay Contest – Increasing the Minimum Wage: Good Intentions, Bad Policy?
The idea of raising the minimum wage in Canada and in some jurisdictions in the United States is a contentious topic. Proponents of a higher minimum wage tout that such increase will be an effective tool for helping those in poverty. But a recent study by the Fraser Institute found that 88% of minimum wage earners in Canada do not actually live in low-income households. In fact, nearly 60% of these earners are young adults aged 15-24, most of whom are living with their parents or other relatives. Additionally, research has found that about 70% of the benefits from a higher wage go to non-poor households in Canada.
Beyond the misperception that the majority of the benefits from an increase in the minimum wage would go to low-income earners and the most vulnerable, raising the minimum wage has been shown to lead to reductions in employment, particularly for young people and immigrants.
While constructing your essay, consider the following questions:
- Should provincial governments increase the minimum wage?
- What impact would such an increase have on the Canadian economy?
- Is raising the minimum wage an effective way to provide assistance to vulnerable Canadians?
- Is there an alternative to raising the minimum wage that targets low-income earners more precisely?
SUBMISSION DEADLINE: June 1, 2018.
2017 Essay Contest Winners
St. George's School
Heather Lynn Bone,
University of Waterloo
Andrew Klain, University of Calgary and Avery Maloney, Mount Allison University
Celine Mano and Jacquie Ye,
St. Francis Secondary School
Jean Philippe Fournier,
University of Montreal
Mountainside Secondary School
The winning essays from the 2017 contest will appear in the Winter Canadian Student Review Magazine.
2018 Essay Contest Rules
Previous winners archive:
2016 Student Essay Contest Winners
2015 Student Essay Contest Winners
2014 High School Student Essay Contest Winners
2014 Graduate and Undergraduate Essay Contest Winners
2013 Student Essay Contest Winners
2012 Student Essay Contest Winners
2011 Student Essay Contest Winners
2010 Student Essay Contest Winners
2009 Student Essay Contest Winners