Since 1990, Ontario has accumulated nearly $265 billion in net public debt. Put another way, nearly 90 per cent of Ontario’s net public debt has been accumulated over the last 25 years.
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The Ontario government's strategy to eliminate the projected $8.5 billion deficit has largely hinged on hoping revenues will grow robustly and eventually catch up to spending increases. This is a risky strategy.
Due to the U.S. International Trade Commission's recent decision to impose countervailing duties on Canadian exports of supercalendered paper, Canadian paper companies will endure import duties ranging from 17.9 per cent to 20.2 per cent.
The risks that hydraulic fracturing poses to air appear to be modest and manageable with current technologies.
Some activists claim the existence of an “inequality crisis” and propose an array of populist policy responses. On these issues, Mr. Morneau would be well-served by considering recent think-tank research.
Yesterday, the Alberta government unveiled its new climate change strategy, calling for a carbon tax, which represents a new tax burden on Alberta businesses and families.
While the numbers may sound large, in terms of how much water it takes to fracture a well, in the grand scheme of things the percentages of total water use are quite small.
The appointment of Bill Morneau as minister of finance is particularly interesting because of his involvement in the world of public policy think-tanks. In recent years, the Fraser Institute and the C.D. Howe Institute (where Mr. Morneau recently served as Chair) have both produced important research that provides insights that can help guide the policy decisions of the new finance minister on a number of different files. This series of blog posts will highlight a number of key policy areas where Mr. Morneau’s think-tank experience can be especially useful.
Considering the cost of waiting for medically necessary specialist treatment, how much would Canadians be willing to pay in order to eliminate their wait?
Today, newly minted federal Finance Minister Bill Morneau released his first Update of Economic and Fiscal Projections. Unfortunately, the outlook isn’t positive.
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