program spending

9:00AM
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Alberta Premier Jim Prentice is in the midst of formulating his first budget and the fiscal path of the province while watching oil prices continue to decline.


6:00AM
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Governments, like families, have choices. And governments, as with families, sometimes make picks that close off other options. If Albertans had $41 billion to spend via the provincial government, how would you allocate it?

2:00AM
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As Ontario continues to undermine its economic future with growing debt, the province does not receive near the critical scrutiny it should from the media and financial markets. In reading CIBC World Markets’ latest Economic Insight, it’s not hard to understand why.


2:00AM
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Imagine receiving a credit card bill that totaled $243,476. This would no doubt be a shock for most Canadians. But if you add up all the liabilities of every Canadian government "federal, provincial, and local" that is in fact how much each taxpayer would owe of the $4.1 trillion total in direct debt and unfunded liabilities.

This admittedly is a very large number and much bigger than what is usually talked about by both politicians and pundits alike. So let's deconstruct it to gain a better understanding.


3:00AM
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No normal person pays close attention to who is "in" or "out" as finance minister, and that's a good thing. It means the politician in question has avoided messing up the lives of ordinary Canadians. Still, their actions can and do matter, for better or worse.


3:00AM
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It's now several days into the Quebec election campaign and some key issues are starting to emerge. There's been the usual focus on high-profile candidates, speculation about a future referendum, and an ongoing debate about how to accommodate the traditions and cultures of those new to the province.