Indigenous and Northern Affairs represented the largest share of federal program spending growth.
The cost of servicing the province’s debt has increased to more than $2 billion.
The profit and loss system provides quick feedback on the quality of innovation.
The Trudeau government ran consistent deficits and accumulated significant debt over its first four years in office.
This year's federal budget deficit will be an estimated $343.2 billion.
Between the early 1970s and the mid-1990s, the federal government ran a deficit every year.
C.D. Howe op-ed cites no empirical evidence or research to substantiate its opinions.
In 2019, equalization represented 15.5 per cent of provincial revenue in Nova Scotia.
The province's net government debt may rise 17 per cent in 2020/21.
While the regulatory change is welcome news, significant reforms are still required to restore investor confidence.
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