balanced budget

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The government has once again refused to set a timeline for returning to a balanced budget.

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This $51 billion increase in spending represents total growth of 20.1 per cent in just three years.

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Premier John Horgan’s NDP government campaigned on balanced budgets.

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The Forgotten Middle: Public Debt in Manitoba

Tucked away in the middle of the country, Manitoba has managed to keep a low profile when it comes to its fiscal situation, but it hasn’t balanced a budget since 2009.

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Quebec now more creditworthy than Ontario

Ontario plans to add approximately $34 billion in new debt over the next three years.

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After the reforms, Saskatchewan government spending as a share of the economy fell to 15.3 per cent, down from 23.8 per cent.

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In many ways Tuesday’s federal budget wasn’t all that surprising. Many of the government’s key initiatives were already announced (the so-called “Family Tax Cut” package) or telegraphed as part of the Conservatives 2011 platform (raising the TFSA annual contribution ceiling to $10,000).