The PBO projects in 2042 Alberta will have more debt relative to the size of its economy than Ontario.
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.
Manitoba’s newly-elected government faces some important fiscal challenges.
There are better ways for government to attract business besides corporate welfare.
When Manitobas NDP government delivered its budget back in April, Finance Minister Stan Struthers ruffled some feathers with his announcement of an increase in the provincial sales tax (PST) to eight per cent from seven per cent, effective July 1, which happens to be Canada Day. His proposed tax hike has been hotly debated ever since.