Government borrowing crowds out private investment and lowers the economy’s productive potential.
debt-financing
August 15, 2024
3:00AM
July 15, 2021
8:48AM
Due to federal tax changes, 61 per cent of low-income families face higher personal income taxes.
June 1, 2021
10:30AM
Canada has the fifth-highest level of total indebtedness (relative to the size of our economy) among 29 industrialized countries.
January 9, 2014
2:00AM
Another year has come and gone and Ontario's weak public finances remain largely unchanged. The provincial government did little to improve its fiscal position in 2013 and recently signalled it intends to continue with debt-financed spending into the New Year. But the status quo isnt serving Ontarians well. For 2014, the government should chart a new course that places provincial finances on a more sound footing. That would be a much-needed New Year's resolution for Canadas largest province.