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4:02PM
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Today, Standard and Poor’s downgraded the Alberta government’s credit rating in part due to “concerns of weak budgetary performances and rising debt burden.”

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10:31AM
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Name something our governments aren’t already doing. Now name something our governments are doing spectacularly well.

3:00AM
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When federal Finance Minister Bill Morneau meets with his provincial and territorial counterparts next week, expanding the Canada Pension Plan will be on the agenda.

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12:10PM
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One of the hallmarks of capitalist societies is specialization, and so in some important way the team that works on a film is a microcosm of an entire economy.
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10:19AM
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Benefits of the project would have included more than $223 million in direct transfers to Tsawwassen members.

3:00AM
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Housing markets in Canada’s largest cities are once again the subject of national news, this time because of an increase of the minimum down payments for government-backed mortgages.

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10:12AM
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As recent as 2009/10, Quebec’s per-person net debt burden was approximately $4,400 higher than Ontario’s. That gap is projected to be just $1,100 this year.

3:00AM
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A higher target rate will raise uncertainty about future inflation and be costly for the economy.

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9:42AM
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The federal government’s projected fiscal balance has gone from a $4.3 billion surplus to a budget deficit that could be as large as $25 billion.

8:53AM
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The Alberta government recently implemented a series of policy changes that will leave Albertans materially less free. Given the clear link between economic freedom and prosperity, expect these changes to have negative long-term effects on living standards and economic opportunities across the province.