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B.C. budget lacks effective plan for finances and economy
Program spending is projected to increase from pre-pandemic levels by 15.2 per cent in 2021/22. ...
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Canada’s federal finances at risk—repeating mistakes of the past
Appeared in the Daily Gleaner, August 29, 2019 The latest economic news from the United States foreshadows recession. Recently, the U.S. stock market had its worst day in 2019, plunging 800 points. The bond market is showing weakness with short-term ...
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Federal Deficits Then and Now: Is Canada Repeating the Fiscal Mistakes of 1965 to 1995?
From 1965 to 1995, the Canadian federal government repeatedly ran deficits, accumulating debt, a habit that culminated in the near crisis of the mid-1990s. After a period of reform beginning in 1995, Canada returned to deficits in 2008/09. While ...