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Fiscal Lessons for Atlantic Canada from Saskatchewan
COVID-19 and the related economic recession have thrown governments across Canada into varying degrees of fiscal peril. In Newfoundland & Labrador, the challenges of rapidly increasing debt and large deficits have created perhaps the largest fiscal ...
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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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Horgan government eyes labour law change that would further stifle investment in B.C.
Appeared in Business in Vancouver, January 18, 2021 British Columbia, like the rest of the country, must encourage business investment to spur economic growth as the foundation for economic recovery now and post-COVID. With its recent majority mandate, ...
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Federal finances remain vulnerable to fluctuating interest rates
Appeared in Calgary's Business, August 20, 2020 There’s been a lot of movement in Ottawa lately, including Bill Morneau’s resignation as federal finance minister, with Chrystia Freeland taking his place. Unfortunately, the Trudeau government’s recent ...
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Ottawa’s ‘Emergency Response Benefit’ leaves many unanswered questions
This week, Parliament passed legislation giving sweeping powers to Finance Minister Bill Morneau, including the power to unilaterally spend and borrow without parliamentary approval until September 2020. While the Liberals agreed to ...
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Government workers in Atlantic Canada make 11.9% more than private-sector counterparts
Appeared in the Fredericton Daily Gleaner, January 31, 2020 With substantial government debt loads and aging populations, all four Atlantic provinces face significant challenges to their government finances. Given that spending on the wages and salaries ...
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Comparing Government and Private Sector Compensation in Atlantic Canada
Main Conclusions Using data on individual workers from January to December 2018, this report estimates the wage differential between the government and private sectors in the Atlantic provinces. It also evaluates four non-wage benefits for which data are ...
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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 ...