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New Brunswick takes small step toward ‘revenue-neutral’ carbon tax
The province’s carbon tax revenue will fund fuel tax reductions or subsidize “green” spending. ...
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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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Provinces should study Saskatchewan’s fiscal recovery of the 1990s
This year, the 10 provinces are projected to run cumulative deficits of nearly $80 billion. ...
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Maritime provinces vulnerable to any future changes to equalization program
In 2019/20, equalization comprised 21 per cent of provincial government revenue in Prince Edward Island. ...
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Furey budget kicks ‘spending’ can down the road
The reduced deficit relies largely on oil and gas royalties and transfers from Ottawa. ...
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Furey government must reduce compensation for government-sector workers
Government salaries and benefits comprise approximately 42 per cent of the province's spending. ...
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Debt interest burden highlights Newfoundland and Labrador fiscal crisis
At $2,055 per person, the province's government debt burden is the highest in Canada. ...
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N.L. students falling behind in mathematics
In the recent PISA assessment, the province’s score dropped well below the Canadian average. ...
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2021 budgets establish uncertain future for government finances in Canada
The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22. ...
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Federal ‘stimulus’ spending will likely arrive late with minimal benefits
The government says $101 billion in stimulus spending is required for “sustained economic recovery.” ...