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Canada has lost its competitive advantage over the U.S.
Say you are a store owner and your competitor across the street offers everything at lower price and higher quality, well, you’re in trouble. If your competitor was far on the other side of the city, things might be a bit better. But ...
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Canada’s disappointing second quarter economic performance spotlights need for proven policies
Statistics Canada released some disappointing data yesterday on the performance of the Canadian economy. According to the agency, the country’s gross domestic product (GDP), which is the value of all the goods and services produced in ...
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Ontario’s 2015 Budget: an exercise in wishful thinking
Appeared in the Financial Post Ontario’s 2015 budget, like those of years past, needed a concrete plan to get government finances on a sound footing. Yet again, the budget failed to deliver. Instead, the government continues to delay the tough decisions ...
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More compensation restraint would help ease Ontario’s budget troubles
Appeared in the Waterloo Region Record, April 9, 2015 Amid a gathering fiscal storm, the Ontario government will soon table its budget for the coming fiscal year and beyond. There’s a lot riding on getting things right. A recent study found that debt is ...
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Quebec budget shows progress but bolder fiscal reforms still needed
Appeared in the Winnipeg Free Press, April 4, 2015 The day before delivering his budget speech, Quebec Minister of Finance Carlos Leitão called the budget a “good news budget.” Indeed, Quebec’s 2015 budget continues to make progress on tackling deep ...
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Alberta’s budget: $11.4 billion in extra taxes
Appeared in the Calgary Herald Premier Jim Prentice dropped hints for months that the 2015 provincial budget was a once-in-a-generation chance to “fix” Alberta’s finances. That didn’t happen. Instead, the province raised taxes on Albertans in a manner ...
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Greek government helping the rich, not ordinary Greeks
Appeared in the Waterloo Region Record Greek fire terrified ancient mariners. Blazing liquid shot from a hose, dosing enemy vessels with flaming material that continued to burn after landing on ships, water and sailors. Fast forward to today. It’s just a ...
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Budget 2015: Quebec’s twin fiscal challenges require bold action
Premier Philippe Couillard recently declared that government finances and the economy are his top priorities, stating that “the goal is clear: consolidation of public finances and economic re-launch.” This is laudable. ...
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Quebec’s 2015 Budget: Bold Action on Debt and Taxes Needed
Whether it's economic growth, job creation, the unemployment rate, or investment growth, Quebec has generally lagged other Canadian provinces and even American States. There are many reasons for the province's relatively weak performance but ...
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Quebec's budget next step in a recovery plan
Appeared in the Huffington Post Premier Couillard's government will table its first budget on June 4 and early signs suggest it's not going to be business as usual. "The time for cosmetic changes is gone" We must act firmly and ...