In an attempt to increase transparency, Prime Minister Justin Trudeau has made “mandate letters” to his ministers publicly available. These letters are intended to clarify the focus of each minister’s portfolio.
The just-released Parliamentary Budget Officer report projects deficits in every year from 2016/17 to 2020/21.
Let’s look at the expected fiscal balances in Canada’s 10 provinces for 2015/16.
The economic news coming out of Ontario in recent days has been far from positive. The province's economic and fiscal position is weak and new analysis released by the Ministry of Finance suggests its economy will remain sluggish for the foreseeable future.