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Provincial finances in trouble—spotlight Atlantic Canada
The Parliamentary Budget Office (PBO) recently published its annual fiscal sustainability report, which provides long-term projections to assess the sustainability of public finances for the federal government and the provinces. In this ...
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Government spending—the problem in Newfoundland and Labrador
The public finances of Newfoundland and Labrador are in a bit of a pickle after a period that saw considerable improvement as the province benefitted from the offshore oil and gas boom. In the wake of the collapse of the cod fisheries in ...
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New Brunswick—lowest real GDP and employment growth rates in Canada
While Atlantic Canada faces economic challenges, the case of New Brunswick has become particularly stark. Over the past decade, New Brunswick has experienced the lowest provincial growth rates in real GDP and employment. And like the ...