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Alberta’s government debt interest costs continue to soar
According to budget forecasts, debt interest payments will reach $3.3 billion by 2023/24. ...
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Ford budget could represent turning point in Ontario fiscal history
Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses. ...
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Lessons for the Ford Government from the 1995 Federal Budget
Chronic deficits since the 2008/09 recession have weakened Ontario’s public finances. The province’s debt-to-GDP ratio—a key measure of fiscal sustainability—increased from 27.8 percent to an estimated 47.0 percent of GDP by the end of 2020/21. ...
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Debt interest payments fastest-growing component of Ontario budget
The government has run budget deficits every year since 2008/09. ...
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The evolution of federal debt interest costs in Canada
The federal government has seemingly ditched the debt-averse approach that largely prevailed in Ottawa since the mid-1980s. ...
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Ontario’s debt legacy makes balancing budget harder
According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest. ...
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Ford government faces pivotal choice in upcoming budget
Ontario's debt interest costs are expected to increase to $13.9 billion in 2022/23. ...
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Ford government faces critical decisions as budget day looms
According to forecasts, Ontario's net government debt will approach $463 billion in 2022/23. ...
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Kenney government must learn from fiscal mistakes—and successes—of the past
Alberta's deficit this year will be the largest in history, relative to the size of the provincial economy, at 6.9 per cent of GDP. ...
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Atlantic Canada's Precarious Public Finances
Canada’s four Atlantic provinces—Prince Edward Island, Nova Scotia, New Brunswick, and Newfoundland & Labrador—face long-term threats to fiscal sustainability. COVID-19 and the resulting economic downturn has only added to these challenges. Further, ...