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1. New report paints gloomy picture of Alberta’s fiscal future—absent policy change

   According to the PBO, Alberta must reduce spending by 3.1 per cent of GDP to restore fiscal sustainability. ...

2. New report notes ‘over-equalizing’ nature of equalization program

   Currently, equalization payments increase in line with nominal GDP growth. ...

3. Ontario consistently fails to reduce government debt after recessions

   The province’s nominal debt will rise from $440 billion in 2021/22 to $504 billion in 2023/24. ...

4. Ottawa should make equalization more fair and shrink payments

   Albertans will likely vote on equalization in October. ...

5. Ontario lagging behind neighbours on key economic measures

   Between 2000 and 2019, New York's average per-person GDP growth more than doubled Ontario's growth rate. ...

6. 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. ...

7. Governments across Canada face mounting fiscal challenges due to aging population

   The share of Canadians age 65 or over is forecasted to rise from 17.4 per cent to 22.5 per cent. ...

8. Ford government pursuing McGuinty-style deficit-reduction strategy

   According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24. ...

9. Ottawa’s new ‘greener’ homes program will cost much more than it’s worth

   The program will likely mainly benefit middle- and upper-income households. ...

10. Ford Government Fiscal Policy Approach Mirrors that of McGuinty and Wynne

    This bulletin analyzes the recent 2021 budget that Doug Ford’s Progressive Conservative government tabled in order to assess the extent to which it continues or changes the general fiscal policy approach of the Liberal governments of Premiers ...