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1. Alberta racking up debt much faster than Ontario did

   Recently, several high-profile exchanges on social media and news stories have compared the economic pain in Alberta to what was experienced in Ontario during and after the 2008/09 financial crisis.  We won’t get into addressing the ...

2. Provincial finances in trouble—spotlight Western Canada

   The Parliamentary Budget Office (PBO) recently published its annual fiscal sustainability report, which provided long-term projections to assess the sustainability of public finances for the federal government and the provinces. In this ...

3. Ontario’s ‘mini-budget’ makes little progress on deficit

   Today, Finance Minister Vic Fedeli tabled Ontario’s Fall Economic Statement. Given Ontario’s difficult fiscal situation (a large budget deficit and mountain of public debt), and signals that the update would be a “mini-budget’ with ...

4. Provincial finances in trouble—spotlight Central Canada

   The Parliamentary Budget Office (PBO) recently published its annual fiscal sustainability report, which provides long-term projections to assess the sustainability of public finances for the federal government and the provinces. In this ...

5. Provincial finances in trouble—spotlight Atlantic Canada

   The Parliamentary Budget Office (PBO) recently published its annual fiscal sustainability report, which provides long-term projections to assess the sustainability of public finances for the federal government and the provinces. In this ...

6. Four reasons why Alberta’s vague balance budget plan may fall short

   Last month, when Finance Minister Joe Ceci unveiled Alberta’s 2018 budget, despite weeks stoking expectations of a detailed plan to eliminate the province’s budget deficit, he instead delivered a risky plan almost entirely reliant on ...

7. Surprise—Alberta’s government debt burden is approaching Quebec’s

   The recent provincial budgets released by the Quebec and Alberta governments are a study in contrasts of government debt. On one hand, Quebec has a high-debt government that’s aiming to reduce its debt burden. On the other hand, Alberta ...

8. Alberta’s 2018 budget—a breathtaking exercise in complacency

   Yesterday, the Alberta government released its budget for the 2018/19 fiscal year. The document is essentially a status quo budget, which promises continued nominal spending growth over the rest of its fiscal plan (though more moderate ...

9. B.C. throne speech latest hint that government set to abandon fiscal prudence

   Premier John Horgan’s NDP government campaigned on balanced budgets. ...

10. Wishful Thinking: An Analysis of Ontario’s Timeline for Shrinking Its Debt Burden

    Since 2007/08, Ontario’s level of public debt has approximately doubled. As a result, the provincial debt-to-GDP ratio has climbed to historically high levels in recent years. In its 2017 budget, Premier Wynne’s government presented a timeline for ...