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Alberta celebrates ‘Balanced Budget Tax Freedom Day’ later than any other province
This year's combined projected federal and provincial government deficits total $234 billion. ...
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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. ...
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Canadians paying dearly for mounting provincial debt
In Canada, government net debt has doubled from $1 trillion to $2 trillion. ...
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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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Nova Scotia government should unwind early-COVID emergency spending in upcoming budget
The province faces a projected $779 million budget deficit for 2020. ...
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Federal and Provincial Debt-Interest Costs for Canadians
In recent years, deficit spending and growing government debt have become a trend for many Canadian governments. Like households, governments are required to pay interest on their debt. In aggregate, the provinces and federal government are ...
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Canadians pay the price for mounting government debt
Ontario will spend an estimated $13 billion on government debt interest costs in 2020/21. ...
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P.E.I.’s massive budget deficit could grow much larger
Appeared in the Charlottetown Guardian, July 14, 2020 The King government tabled its 2020 budget last month, amid a turbulent year for provincial finances in the wake of COVID-19. Highlights of the budget include increased government spending, a historic ...
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P.E.I government debt could balloon this year
The province's net government debt may rise 17 per cent in 2020/21. ...
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Ottawa and the provinces have a big debt problem
Appeared in the Globe and Mail, January 16, 2020 Governments across Canada will soon unveil their tax and spending plans in their 2020 budgets. This year’s budget season provides an opportunity for the federal and provincial governments to reverse the ...