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1. Headlines fuel exaggerated concerns about household debt

   “Canada’s household debt burden hits record,” read a recent Globe and Mail headline. It’s a headline familiar to many Canadians. In fact, it’s repeated so often that you can be forgiven if you think household debt in this country is out ...

2. Fiscal update—feds five-year cumulative deficit $32 billion higher than initially planned

   In the spring of this year, the federal Liberals released their first budget, which centred on big increases in government spending, persistent deficits, growing debt and higher taxes. At the time, we warned that a fundamental problem ...

3. Canada’s disappointing second quarter economic performance spotlights need for proven policies

   Statistics Canada released some disappointing data yesterday on the performance of the Canadian economy. According to the agency, the country’s gross domestic product (GDP), which is the value of all the goods and services produced in ...

4. The danger of returning to persistent federal deficits in Canada

   The just-released Parliamentary Budget Officer report projects deficits in every year from 2016/17 to 2020/21. ...

5. How does Alberta’s deficit stack up against the other provinces?

   Alberta’s budget is coming in a couple weeks and expectations are that the government will unveil a deficit for the current fiscal year totalling at least $5.9 billion. How does this number stack up against the other provinces? Let’s ...

6. Ontario’s 2015 Budget: an exercise in wishful thinking

   Appeared in the Financial Post Ontario’s 2015 budget, like those of years past, needed a concrete plan to get government finances on a sound footing. Yet again, the budget failed to deliver. Instead, the government continues to delay the tough decisions ...

7. More compensation restraint would help ease Ontario’s budget troubles

   Appeared in the Waterloo Region Record, April 9, 2015 Amid a gathering fiscal storm, the Ontario government will soon table its budget for the coming fiscal year and beyond. There’s a lot riding on getting things right. A recent study found that debt is ...

8. Quebec budget shows progress but bolder fiscal reforms still needed

   Appeared in the Winnipeg Free Press, April 4, 2015 The day before delivering his budget speech, Quebec Minister of Finance Carlos Leitão called the budget a “good news budget.” Indeed, Quebec’s 2015 budget continues to make progress on tackling deep ...

9. Budget 2015: Quebec’s twin fiscal challenges require bold action

   Premier Philippe Couillard recently declared that government finances and the economy are his top priorities, stating that “the goal is clear: consolidation of public finances and economic re-launch.” This is laudable. ...

10. Quebec’s 2015 Budget: Bold Action on Debt and Taxes Needed

    Whether it's economic growth, job creation, the unemployment rate, or investment growth, Quebec has generally lagged other Canadian provinces and even American States. There are many reasons for the province's relatively weak performance but ...