Government Spending & Taxes

5:00AM
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An economic slowdown or recession would make the Wynne government’s debt reduction plan much less likely.


12:30PM
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From 2007 and 2015, Alberta contributed $188.6 billion more in taxes to Ottawa than it received in transfers or federal programs.


9:45AM
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Over the past 26 years, government-sector debt in Canada has grown to more than $2.5 trillion.


10:00AM
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One of the main sources of tax system complexity is the proliferation of credits, deductions and other special preferences.


10:05AM
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Canada’s income tax began during the First World War.


4:30AM
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Ontario’s top combined marginal personal income tax rate is 53.5 per cent.


8:56AM
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Economic recovery in Alberta is crucial not just for Albertans, but for Canada’s public finances.


7:00AM
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Government workers in Alberta are away from their jobs for personal reasons 73 per cent more days per year than private sector workers.


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