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2021 budgets establish uncertain future for government finances in Canada
The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22. ...
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Lessons for the Ford Government from the 1995 Federal Budget
Chronic deficits since the 2008/09 recession have weakened Ontario’s public finances. The province’s debt-to-GDP ratio—a key measure of fiscal sustainability—increased from 27.8 percent to an estimated 47.0 percent of GDP by the end of 2020/21. ...
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Alberta still keeps federal finances afloat
Alberta’s major contributions to federal finances during the recent energy boom are well known, though the magnitude may not quite be understood. For example, during the 2014/15 fiscal year, Albertans paid more than $27 billion more in ...