New Brunswick's debt load will climb to an estimated 115 per cent of GDP over the next 25 years.
In the last 37 fiscal years, the province has only posted seven budget surpluses.
The province is expected to run a $192 million deficit in 2017-18.
In the case of the Atlantic provinces, all four have unemployment well above the 6.8 per cent national average, with Newfoundland's at 12 per cent and P.E.I.'s at 11 per cent.
There is no question that a great education is essential to success in the 21st century. Completing high school, for example, markedly reduces the chances of unemployment or the probability of remaining trapped in low-income jobs.
The importance of education to a childs future success explains the increasing interest on the part of parents, and therefore politicians, in ensuring not only a functioning but thriving education system. Supporting parents in choosing their childrens education and fostering competition between schools is vital to such efforts.
Over fifty years, observers have become inured to troubling reports of Atlantic Canada's economic difficulties.
Even the most jaundiced observer would recognize, however, that data for the last two years describes something different. The regional economy is not experiencing continued slow decline: it is starting to implode.