Government Spending & Taxes

— Nov 30, 2021
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The Implications of an Aging Population for Government Finances in Alberta

The Implications of an Aging Population for Government Finances in Alberta is a new study that finds health-care expenditures in the province will increase by an estimated 5.6 per cent annually (on average) over the next 20 years, and as a result of Alberta’s changing demographics, the province may not balance its budget until at least 2040/41 unless it makes changes to its spending.

— Nov 30, 2021
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The Implications of an Aging Population for Government Finances in the Prairies

The Implications of an Aging Population for Government Finances in the Prairies is a new study that finds health-care expenditures in Saskatchewan and Manitoba will increase by an estimated 5.4 per cent and 4.9 per cent annually (respectively, on average) over the next 20 years, and as a result of the provinces’ changing demographics, they may not balance their budgets until at least 2040/41 unless changes to spending are made.

— Nov 30, 2021
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The Implications of an Aging Population for Government Finances in Atlantic Canada

The Implications of an Aging Population for Government Finances in Atlantic Canada is a new study that finds health-care expenditures in the region will increase 4.2 per cent in New Brunswick, 4.7 per cent in Nova Scotia, 5.1 per cent in Newfoundland & Labrador, and 5.6 per cent in Prince Edward Island annually (on average) over the next 20 years. As a result of the region’s changing demographics, none may balance their budget until at least 2040/41 unless changes are made to spending.

— Nov 23, 2021
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The Implications of an Aging Population for Government Finances in British Columbia

The Implications of an Aging Population for Government Finances in British Columbia is a new study that finds health-care expenditures in the province will increase by an estimated 4.2 per cent annually (on average) over the next 20 years, and as a result of British Columbia’s changing demographics, the province may not balance its budget until at least 2040 unless it makes changes to its spending.

— Nov 18, 2021
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Tax and Expenditure Limitations for Canada’s Federal Government: A Primer

Tax and Expenditure Limitations for Canada’s Federal Government: A Primer is a new study that finds if the federal government had introduced more discipline on the growth in government spending beginning in 2015—even one that allowed for all the COVID emergency spending—the federal budget could have been balanced by 2025/26. Instead, the Parliamentary Budget Officer predicts it will be at least 2070 before the budget is balanced.

— Nov 9, 2021
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The Implications of an Aging Population for Government Finances in Ontario

The Implications of an Aging Population for Government Finances in Ontario is a new study that finds health-care expenditures in the province will increase by an estimated 4.1 per cent annually (on average) over the next 20 years, and as a result of Ontario’s changing demographics, the province may not balance its budget until at least 2040/41 unless it makes changes to its spending.

— Nov 4, 2021
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Why Is Equalization Still Growing? 2021 Update

Why Is Equalization Still Growing? 2021 Update is a new study that predicts how, due to a design flaw in Canada’s equalization program, “have not” provinces will receive $8.9 billion in overpayments by 2025/26. This design flaw means billions in additional equalization spending in the years ahead, despite the shrinking gap between richer and poorer provinces.

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