government debt

9:27AM
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Canada enjoyed an economic and fiscal renaissance starting in the mid-1990s that lasted more than a decade.


12:00PM
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Over the last decade, higher energy prices and entrepreneur-friendly policies drove Alberta’s booming economy, generating a significant windfall in government revenue.


10:00AM
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After seven years of budget deficits and over $160 billion in new debt, the federal government confirmed in its financial update Wednesday that it expects to record a surplus next year.


11:19AM
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“B.C. is currently on target to balance the 2014/15 budget,” declared Mike de Jong, B.C.’s finance minister while unveiling the government’s latest financial update. Understandably, many British Columbians will take de Jong’s comments at face value.


2:00AM
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Lost in the current flurry of Ontario’s election campaign is the one key issue facing the province, and indeed all of Canada: Ontario’s laggard economic performance is dragging down the national economy.