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Federal budget lacks realistic recovery plan despite all the red ink
The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999. ...
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Stimulus spending on infrastructure won’t ‘kickstart’ COVID recovery
Federal debt as a share of the economy will reach roughly 56 per cent, the highest percentage since 1998. ...
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Trudeau carbon tax hike will hammer New Brunswick economy
A $170 per tonne carbon tax will cost the province an estimated 2,200 jobs. ...
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Spending reductions—not tax increases—key to economic recovery and budget balance
According to current projections, the federal government will not balance the budget until 2050. ...
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Newfoundland and Labrador can leverage mining potential during COVID recovery
Capital is mobile and will flow to jurisdictions with sound regulatory regimes and competitive fiscal policies. ...
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Nova Scotia budget shows debt accumulating at rapid pace
The string of deficits will increase Nova Scotia’s government debt by nearly 40 per cent from 2019/20 to 2024/25. ...
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Higgs government shows spending restraint—but long-term challenges loom
New Brunswick's provincial government debt will eclipse $14 billion this year. ...
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P.E.I. budget misses mark with government spending increase
The provincial government projects a $112 million operating deficit this year. ...
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King government should set sights on budget balance
Government debt interest payments in P.E.I. currently amount to $123 million annually. ...
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Nova Scotia government should unwind early-COVID emergency spending in upcoming budget
The province faces a projected $779 million budget deficit for 2020. ...