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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 ...
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The Costs of the Canadian Government's Reconciliation Framework for First Nations
Prime Minister Justin Trudeau has made reconciliation with Indigenous peoples a leading objective of his government. This publication attempts to identify the budgetary costs of the policy measures associated with Trudeau’s “Reconciliation Framework,” as ...
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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 ...
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Municipal spending on the rise across Metro Vancouver
Municipalities play an essential role in the lives of Canadians. As the closest level of government to citizens, they are often the most visible—from snowplows to police patrols. It’s this visibility, and the central role these services ...
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Municipal spending in Ontario—a snapshot
With municipal elections looming across the country, voters should be aware of the fiscal sustainability of city hall. The federal Parliamentary Budget Office’s recent sustainability report has noted that for subnational governments in ...
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City size doesn’t determine spending habits in Metro Vancouver
“Economies of scale” is a well-known economic concept. Basically it’s the idea that the “per unit” cost of providing something goes down as more of it is produced—think one big factory producing car tires or beer bottles at a lower cost ...
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Ontario has a $15 billion deficit—not the $6.7 billion claimed by the previous government
The Ontario government’s review of provincial finances is finally out, and the picture is even grimmer than what the auditor general and the Financial Accountability Office have presented. The key findings confirm that Ontario since 1990 ...
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Comparing Municipal Government Finances in Metro Vancouver, 2018 Edition
Municipal governments play an important role in the lives of British Columbians by providing important services and collecting taxes. But municipal finances do not receive the same degree of public scrutiny as the finances of senior governments. This can ...
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Austerity—not increased spending—helped lay the groundwork for Portugal’s recovery
Portugal’s economy has been doing rather well lately and its performance is being taken as a repudiation of the austerity measures of many EU countries in the wake of the Great Recession. A recent piece in the New York Times noted how in ...
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The high cost of getting climate policy wrong
The Internet is abuzz over a recent report by the Parliamentary Budget Office (PBO) that shines some light on the potential impact of the federal carbon tax plan on Canada’s economy. Specifically, the report shows that the carbon price ...