federal government

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When Christy Clark recently asserted British Columbia didn’t need the federal government and also said “we don't need Alberta,” the B.C. premier demonstrated why Canada’s founding fathers were concerned about provincial politicians: when they think in isolation, such premiers harm the interests of all Canadians.

The context of Clark’s election-time remark was how BC could become an energy superpower if more natural gas was developed and delivered through pipelines, as opposed to “allowing” oil pipelines to crisscross British Columbia more than they already do.


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Over the course of the past several months, outgoing Bank of Canada Governor Mark Carney and Federal Finance Minister Jim Flaherty have repeatedly warned that Canadians are spending beyond their means and taking on too much debt.

“A concern of the Bank of Canada...has been the pace of growth of household debt” Carney recently noted. Minister Flaherty added, While interest rates are currently low by historical standards, eventually they will rise. Canadians should…. understand this when taking on significant debt…


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The key litmus test for the Harper government’s 2013 budget was always going to be how realistic it was with respect to achieving a balanced budget by 2015-16. The governing Tories have staked both their economic and political credibility on being able to balance the budget. The current plan, which mirrors previous budgets, relies on controlling the growth in spending and hoping revenues increase sufficiently to balance the budget.


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When Finance Minister Jim Flaherty announced last week that the Conservative government will miss its target for balancing the budget, he confirmed something that should be obvious to all students of recent Canadian economic history: Crossed-finger revenue forecasts and unrealistic spending growth projections are no basis for sound economic policy.

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Slash or spend? Cut or conserve? The federal government will bring down its budget on March 22. What should be in it? We ask five prominent Canadian think-tanks to offer their fiscal fix for the coming year.

Over the past five years in office, the federal Conservatives have not exactly been a bastion of fiscal conservatism. But on March 22, Prime Minister Stephen Harper and Finance Minister Jim Flaherty have an opportunity to re-define their fiscal legacy.


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One of the most notable observations from the race for Queens Park was the lack of meaningful discussion of how to get Ontario’s economy back on track. Ontario, the traditional economic hub of Canada, is being replaced by new economic leaders in the West. Indeed, the biggest challenge facing the re-elected Liberal government is to revitalize Ontario’s lagging economy. To achieve this end, the priority must be to re-establish Ontario as one of the most attractive places to invest in Canada.

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