The Wynne government estimates it will add $11.5 billion in net debt in 2015/16.
Blog - Fraser Forum
Provincial program spending between 2004/05 and 2014/15 increased by nearly 100 per cent.
Province’s net financial position could decrease by another $14 billion in 2016/17, making it a net debtor province.
If interest rates rise faster than expected, Ontario’s annual debt interest payments could increase by up to $857 million in 2017/18.
These voluntary relationships clearly benefit the participants, and perhaps that is why the strident opponents resort to hyperbole and fear-mongering.
To eliminate the deficit, Alberta's government should restrain spending.
Annual cap on oilsands emissions means that once emissions hit prescribed threshold, no further development will be allowed.
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