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1. The expensive truth about a universal basic income

   Ottawa ran an unprecedented $354 billion budget deficit in 2020/21. ...

2. Deficits for 50 years—a plan fraught with risks and consequences

   The Trudeau government plans to implement new spending programs including national childcare and pharmacare. ...

3. New report underscores Alberta’s fiscal woes

   Between 2008/09 and 2019/20, the province's net debt increased by $71.8 billion. ...

4. Provinces should study Saskatchewan’s fiscal recovery of the 1990s

   This year, the 10 provinces are projected to run cumulative deficits of nearly $80 billion. ...

5. Canadians paying dearly for mounting provincial debt

   In Canada, government net debt has doubled from $1 trillion to $2 trillion. ...

6. Ontario’s new finance minister must recognize the importance of budget balance

   Appeared in National Newswatch, January 14, 2021 With the resignation of Rod Phillips, Ontario’s incoming finance minister Peter Bethlenfalvy inherits a difficult job. The province’s fiscal challenges long pre-date the global pandemic. Queen’s Park has ...

7. P.E.I. projects $172.7 million budget deficit, largest nominal deficit in province’s history

   The government of Prince Edward Island tabled its 2020 budget on June 17, amid a turbulent year for provincial finances in the wake of COVID-19. Highlights of the budget include increased government spending, a historic deficit and a ...

8. Governments across Canada must reduce spending post-recession

   The recession caused by the response to the COVID-19 pandemic means governments across Canada now face tremendous fiscal challenges. Recent forecasts from the Royal Bank and Parliamentary Budget Officer (PBO) estimate that annual deficits ...

9. The finance minister said what? Part 4

   Federal Finance Minister Bill Morneau (pictured above) appeared this weekend on CTV’s Question Period to present the government’s case for its economic and fiscal policies, which were reflected in the fall economic update released last ...

10. Two fiscal freight trains hurling toward Ottawa

    The annual deficit from a recession could increase from its current level of $19 billion to almost $50 billion. ...