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Voting with Their Feet: Migration in Atlantic Canada
Migration is a perennial topic of interest in Atlantic Canada. Out-migration specifically has been widely recognized as both a symptom of the region’s economic weakness and a potential threat to its future well-being. Atlantic Canada experienced a ...
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Atlantic Canada's Precarious Public Finances
Canada’s four Atlantic provinces—Prince Edward Island, Nova Scotia, New Brunswick, and Newfoundland & Labrador—face long-term threats to fiscal sustainability. COVID-19 and the resulting economic downturn has only added to these challenges. Further, ...
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Heavy reliance on Ottawa puts Atlantic Canada’s finances at risk
The three Maritime provinces rely more heavily on federal transfers than any other province. ...
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Employment insurance produces more drawbacks than benefits for Atlantic Canadians
As the Trudeau government plans to transition individuals on the Canada Emergency Response Benefit (CERB) back to employment insurance (EI) payments, it’s a good time to review the EI program. In Atlantic Canada, where reliance on the ...
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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 ...
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Provinces in Atlantic Canada must align government compensation with private sector
The economic fallout from COVID-19 will pose significant challenges to government finances in each of the four Atlantic Provinces. As such, governments must carefully review all spending, including compensation for government workers. ...
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Estimating the recessionary impact on Nova Scotia finances: Part 1
The fallout from the COVID-19 crisis will take a toll on Nova Scotia’s provincial finances. Just three months ago, Finance Minister Karen Casey released a budget projecting a $55 million surplus, which would have been the province’s fifth ...
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Catching Up with Canada: A Prosperity Agenda for Atlantic Canada
Taken as a whole, Atlantic Canada is a lagging economic region in Canada. But this has not always been the case. The region has experienced significant periods of prosperity and economic optimism. This history gives hope that the region’s current status ...