Policy uncertainty is at an all-time 35-year high in Canada.
This year's federal budget deficit will be an estimated $343.2 billion.
Study found that PR countries tend to finance extra spending by running larger deficits.
The Notley government in Alberta took office facing severe fiscal challenges. Unfortunately, this week’s fiscal update from Alberta Finance Minister Joe Ceci shows that the new government’s early actions have made a bad fiscal situation worse.
Once the euphoria of the Alberta NDP’s historic election victory subsides, Premier-elect Notley and her leadership team will have to make a fundamental decision about the fiscal-policy path the new government will pursue. This decision will shape the immediate and future prosperity of Albertans.