Ontario and Alberta are projecting budget deficits for years to come.
nova scotia
Adding more expensive renewables will not help Atlantic Canadians already burdened with high energy prices and expenditures.
The province should make its personal and corporate income tax system more competitive.
Those behind the plan are central planners at heart, mistakenly seeing themselves as the initiators of trade.
The Green Party opposes the Nova Scotia government’s apparent plan to back the re-opening of the Donkin coal mine in Cape Breton.
Canada’s federal equalization program is motivated by good intentions. However, the program has unintended consequences, and creates perverse incentives that have allowed at least two “have-not” provinces to shun sensible economic opportunities.
Nova Scotia’s government recently announced it would table legislation to establish a moratorium on the practice of hydraulic fracturing (or “fracking”) for the production of natural gas in the province. The ban, which follows a lengthy report on the safety of hydraulic fracturing, is indefinite, but not permanent. (One is reminded of the saying that there is nothing more permanent than a temporary tax.).
From the fur trade to fisheries and forests, Canada was built on the toil and sweat of those who wanted to prosper. But these days, it’s harder to create opportunity. And sometimes, government is to blame. The latest example comes from Nova Scotia.