financial crisis

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Pandemics, social upheaval and government spending

Federal deficit estimates range from $100 billion to $200 billion for fiscal year 2020-21.

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Newfoundland and Labrador faces fiscal crisis, other provinces should take note

Alberta’s per-person government debt has eclipsed $10,000 this year.

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If history is any guide, COVID-19 will transform Canada in heretofore unknown ways
When the First World War began, there was no expectation that it would spawn an entirely new tax system.

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A phrase heard almost hourly at the conference was “this time is different.”

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Though Canada escaped lightly from the last crisis, we may not be so fortunate in the future.

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As the world wrestles with the sovereign debt crisis in Europe and America—we’ll see if 2012 is any easier than 2011—it’s worth reviewing what caused the last financial meltdown. Of some help is a new book, Reckless Endangerment—How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon.