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The book explains that cities suffer from three problems: lack of user fees, too much public ownership of city services, and lack of city democracy. These problems combine to make the city an open field where citizens graze on services without restraint, public employees feed on taxpayers, and voters are powerless to change the city for the better.

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If the Nisga'a Final Agreement is the template for the 50 or more land-claim agreements or treaties yet to be negotiated in BC as Premier Glen Clark says it is, then at the end of the exercise, British Columbians will wake up to discover that their federal and provincial governments will have substantially altered forever the economic, social, and political fabric of their province.

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The central conclusion of the report is that (as of 1998) BC's current economic crisis is a result of policies implemented by the provincial government since 1991. The evidence shows, in spite of claims made by the Clark government, that the 'Asian flu' is not the root cause of British Columbia's economic pain, rather, BC's economic troubles are mainly due to a home grown virus-courtesy of Victoria.

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When the conference How to Spend the Fiscal Dividend: What is the Optimal Size of Government? was planned in the summer of 1997, the Government of Canada was expected to present a balanced budget in the upcoming fiscal year 1998/99 and, if tax rates and spending programs remained unchanged, large annual surpluses in the following years. These expected surpluses have become known as the fiscal dividend because they are the return on the investment of fiscal restraint practised since 1993.

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The purpose of this report on the public liabilities of Canada is to provide Canadians with an accessible account of the total indebtedness of each of the provinces and of the federal government. It is a reminder of the extent of our indebtedness, how jurisdictions compare both nationally and internationally, and how the national comparisons are changing as time passes.

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I/M programs were developed during the 1970s in the United States, where government regulations imposing I/M programs spawned a billion-dollar vehicle-testing and consulting industry. In spite of the fact that in the United States, I/M programs have never been shown to provide anywhere near the benefits its supporters promised, the programs continue to be very popular with industry, government bureaucrats, and non-profit organizations.

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Recent proposals to merge (1) the Royal Bank of Canada and the Bank of Montreal, and (2) the Canadian Imperial Bank of Commerce and the Toronto Dominion Bank have sparked considerable debate in political and policy circles. Supporters of the mergers believe that greater consolidation in the industry is essential for Canadian banks to remain competitive in an increasingly global economy. Opponents argue that greater consolidation will result in reduced competition among Canadian banks, higher prices for banking services, and reduced consumer welfare.