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The new normal in Canada—deficits without end
Appeared in the National Post, April 4, 2016 Alberta’s Finance Minister Joe Ceci, set to deliver his budget April 14, recently said he does not know when the province will eliminate its annual operating deficit, rumoured to be $10.4 billion this coming ...
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Why waste a budget? Trudeau should learn from Chretien and Martin
Appeared in National Newswatch, March 18, 2016 As Prime Minister Trudeau delivers his first budget next week, one that reportedly contains a deficit in excess of $30 billion, his government may want to consider the lessons learned by former Prime Minister ...
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Government Spending and Own-Source Revenue for Canada's Aboriginals: A Comparative Analysis
With average unemployment rates on reserve above 20% and graduation rates below 40%, there is a clear gap in outcomes between Aboriginals and non-Aboriginals in Canada. This is sometimes blamed on funding disparities. This study provides a fact-based ...
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Creating an effective ‘guaranteed annual income’ in Canada would be challenging
Appeared in the Vancouver Province, February 23, 2016 The federal Liberals appear to be considering overhauling Canada’s income support system with the creation of a guaranteed annual income (GAI). Jean-Yves Duclos, the federal minister tasked with the ...
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Government debt—more than meets the eye
Appeared in the Financial Post, February 17, 2016 Budget season is nigh. Provincial governments across Canada will soon table their budgets, with headlines focused on the operating budget balance—whether the government runs a deficit or surplus. But ...
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Newfoundland & Labrador’s massive debt and deficits demand bold action
Appeared in National Newswatch, February 15, 2016 On the easternmost part of the country, a fiscal storm is brewing. Newfoundland & Labrador’s provincial finances are in a dire state. The government’s latest projections have the province facing a ...
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Federal transfers to the provinces at an all-time high
Appeared in the Financial Post, January 12, 2016 In recent years, several provincial governments have complained about the amount of money they receive from Ottawa. Senior officials in the Ontario government, for instance, have accused the federal ...
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Are the Provinces Really Shortchanged by Federal Transfers?
In recent years, government officials from several provinces and a number of commentators have suggested that inadequate transfers from the federal government are a contributing factor to the persistent deficits that exist in several provinces. This study ...
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End of the Chretien Consensus in Canada?
Appeared in the Financial Post, November 24, 2015 Canada enjoyed an economic and fiscal renaissance starting in the mid-1990s that lasted more than a decade. The boom was rooted in sound fiscal policy (balanced budgets, focused spending, and tax ...
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Tackle Alberta’s deficit by cutting spending—not raising taxes
On Tuesday, the Alberta government will release a budget with a projected deficit of at least $5.9 billion this year, the seventh deficit in eight years. And just the other day, the government announced the budget won’t be balanced until 2019/20. ...