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Atlantic Canada Prosperity

Juin 25, 2020 2:25PM

Atlantic Canadians rely on programs that rely on Albertans
Alex Whalen, Tegan Hill
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Atlantic Canadians rely on programs that rely on Albertans

In 2019, equalization represented 15.5 per cent of provincial revenue in Nova Scotia.

Étiquettes:
atlantic canada, alberta's finances, equalization payments, equalization policy
Juin 25, 2020 10:14AM

P.E.I government debt could balloon this year

Jake Fuss, Alex Whalen
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P.E.I government debt could balloon this year

The province's net government debt may rise 17 per cent in 2020/21.

Étiquettes:
prince edward island, PEI debt, provincial debt
Juin 22, 2020 11:42AM

Ottawa tweaks regulations for Newfoundland and Labrador’s oil and gas sector

Ashley Stedman, Alex Whalen
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Ottawa tweaks regulations for Newfoundland and Labrador’s oil and gas sector

While the regulatory change is welcome news, significant reforms are still required to restore investor confidence.

Étiquettes:
oil and gas investment, oil and gas industry, atlantic canada, newfoundland & labrador economy
Juin 18, 2020 1:32PM

P.E.I. projects $172.7 million budget deficit, largest nominal deficit in province’s history
Alex Whalen, Jake Fuss
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P.E.I. projects $172.7 million budget deficit, largest nominal deficit in province’s history

Budget include an additional $185 million in transfers from Ottawa.

Étiquettes:
prince edward island, atlantic canada prosperity, budget deficit
Juin 15, 2020 3:17PM

P.E.I. deficit may be bigger than forecasts

Alex Whalen, Jake Fuss
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P.E.I. deficit may be bigger than forecasts

Forecasts project a -5.1 per cent decline in the province's GDP.

Étiquettes:
prince edward island, provincial budget, atlantic canada
Juin 9, 2020 8:59AM

Provinces in Atlantic Canada must align government compensation with private sector

Alex Whalen, Niels Veldhuis, Tegan Hill
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Provinces in Atlantic Canada must align government compensation with private sector

Government workers in Atlantic Canada received 11.9 per cent more (on average) in wages than their private-sector counterparts.

Étiquettes:
atlantic canada, atlantic canada prosperity, nova scotia, new brunswick finances, newfoundland & labrador finances, private sector compensation, public sector compensation
Juin 4, 2020 11:58AM

Estimating the recessionary impact on Nova Scotia finances: Part 2
Jake Fuss, Alex Whalen
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Estimating the recessionary impact on Nova Scotia finances: Part 2

Nova Scotia’s net debt is projected to eclipse $17 billion this year.

Étiquettes:
nova scotia, debt to GDP ratio, atlantic canada
Juin 1, 2020 11:24AM

Estimating the recessionary impact on Nova Scotia finances: Part 1
Alex Whalen, Jake Fuss
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Estimating the recessionary impact on Nova Scotia finances—Part 1

RBC forecasts an $800 million provincial deficit this year, Scotiabank forecasts $970 million.

Étiquettes:
nova scotia, provincial budget, atlantic canada prosperity
Février 25, 2020 1:21PM

Nova Scotia budget is balanced, but concerns loom over debt and taxes
Alex Whalen, Jake Fuss
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Nova Scotia budget is balanced, but concerns loom over debt and taxes

The province projects a $535 million increase in net debt this year alone.

Étiquettes:
nova scotia, personal income taxes, business income tax, atlantic canada
Février 21, 2020 3:08PM

Interest on government debt—a costly problem for the Rock

Jake Fuss, Alex Whalen
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Interest on government debt—a costly problem for the Rock
Provincial interest payments are projected to equal $2,675 for every man, woman and child.
Étiquettes:
debt-to-GDP-ratio, federal government debt, atlantic canada, newfoundland & labrador finances

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