Prime Minister Trudeau recently mused that not only will the $10 billion deficit ceiling be broken, but the return to a balanced budget by 2019/20 is now in question.
Government Spending & Taxes
While the overall federal transfer “pie” has grown significantly over the past decade, Ontario’s “slice” has also grown larger.
As B.C. budget day looms, Premier Clark’s first place ranking on fiscal policy no reason for complacency
Dalton McGuinty laments that the Great Recession stunted his plans to expand Ontario public services
In his autobiography, McGuinty discusses how his first act as premier was to break his election promise and raise taxes.
By the Ontario government’s own count it has 380,000 regulations on the books, twice as many as the next province.
Interest payments are Ontario’s fastest growing expense—faster than health and education spending growth
This year, Ontario is projected to run its eighth consecutive budget deficit, which will be approximately $7.5 billion.
Ontario Premier Kathleen Wynne has reiterated her government’s commitment to push ahead with a provincial pension plan.
The federal government may speed up spending on infrastructure projects in Alberta and Saskatchewan.
With budget season on the horizon, the headlines may mask the magnitude of growth in government debt.
The best way to help Alberta’s economy is to enhance the province's competitiveness and attractiveness for investment and entrepreneurship.
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