With budget season on the horizon, the headlines may mask the magnitude of growth in government debt.
Government Spending & Taxes
The best way to help Alberta’s economy is to enhance the province's competitiveness and attractiveness for investment and entrepreneurship.
Prime Minister Trudeau recently said that infrastructure spending is “the key” to kick-starting Canada’s economy.
Trying to stimulate other sectors of the economy so their increased output will balance off the loss in energy will simply build in future problems of maladjustment in these industries.
The Green Party opposes the Nova Scotia government’s apparent plan to back the re-opening of the Donkin coal mine in Cape Breton.
Even the prospect of small deficits relative to GDP may generate substantial investor uncertainty in an environment where interest rates are on the way up.
The Canadian retirement income system already provides Canadians with an adequate standard of living in retirement.
Between 2001 and 2008, Ontario provincial government spending grew at an average of five per cent annually while revenues only grew four per cent.
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