There is a prominent view among some in Alberta’s provincial government and elsewhere in the province that believes booms and busts in government finances are a result of the province’s large energy sector.
government spending
Something as dull sounding as public-private partnerships (P3s) has suddenly grabbed headlines thanks to a recent report from Ontario’s Auditor General.
There are times when a problem can be solved with a small fix and perhaps a little tinkering. And there are times when a big fix or fundamental reform is needed. Quebec’s government finances fall into the latter category.
Alberta Premier Jim Prentice is in the midst of formulating his first budget and the fiscal path of the province while watching oil prices continue to decline.
One of the big stories coming out of Queen’s Park on the government’s fall economic update was the possibility of reductions in education spending.
There was an aura of complacency in Queen’s Park as the Ontario government released its update on the state of provincial finances.
When French President Francois Hollande visited Canada recently, one hopes the Gallic leader looked around. If he did, he would have noticed a stark difference in the economic opportunities between the two countries with the advantages mostly on this side of the Atlantic.