In Budget 2021, feds needs to get runaway spending under control

Will she put Canada back on the road to fiscal reality or double-down on sky-high spending?

In Budget 2021, feds needs to get runaway spending under controlAs Canadians wait to see just what will be in the first federal budget in more than two years, this much is certain: that the amount of red ink will surge past any other deficit records in Canada’s modern history. What’s less certain is whether Finance Minister Chrystia Freeland plans to put Canada on a…

Ontario needs to look to Quebec for debt management strategies

Governments need to start planning for the recovery and developing plans to put their finances in order

Ontario needs to look to Quebec for debt management strategiesBy Steve Lafleur and Jake Fuss The Fraser Institute As expected, every government budget in Canada this year has been covered in red ink. The pandemic has squeezed tax revenue while governments have boosted spending to combat the public health crisis and deep recession. But after a year of social distancing and with the rollout…

Reducing the bloat at Alberta’s universities and colleges

They need to continue to tighten their belts like everyone else

Reducing the bloat at Alberta’s universities and collegesFamilies and businesses have found ways to save money during the pandemic and downturn. Alberta’s universities and colleges can save some money too. With Alberta steamrolling through the $100-billion debt mark this year and the United Conservatives spending more than the New Democrats, there wasn’t much good for taxpayers in the Alberta government’s 2021 budget.…

Now is the time for Nova Scotia to rein in tax-supported spending

Needs to start to unwind emergency spending implemented early in the pandemic

Now is the time for Nova Scotia to rein in tax-supported spendingBy Alex Whalen and Jake Fuss The Fraser Institute Now that the dust has settled on the Nova Scotia Liberal leadership race, new Premier Iain Rankin and provincial Finance Minister Labi Kousoulis will turn their attention to the upcoming 2021-22 provincial budget. Nova Scotia already faces a projected $779-million budget deficit for 2020 and a…

Oil and gas sector’s high productivity primes our standard of living

Has led to significantly higher wages, higher investment by industry, more taxes and royalty revenues for governments

Oil and gas sector’s high productivity primes our standard of livingBy Mark Milke and Lennie Kaplan Canadian Energy Centre We take a lot for granted. Consider the evolution in farming over the centuries. Imagine being a farmer a century or more ago. You likely used animals or your muscle to move a plow to furrow the soil in preparation for planting the seeds. Perhaps you…

Students will be stuck paying the pandemic debt tab

The lingering financial fallout from the pandemic will cost our students for the rest of their lives

Students will be stuck paying the pandemic debt tabThe pandemic has been hard on students of all ages. As many parents can attest, their children have missed the social interaction at school and have struggled to focus during online learning. Post-secondary students have missed out on important and exciting life experiences, too. But even after in-class and on-campus learning has resumed to near…

Bizarre economic theory maintains deficits don’t matter

Stephanie Kelton, in her book The Deficit Myth, maintains that government deficits don't matter. She's wrong

Bizarre economic theory maintains deficits don’t matterBy Morris Dorish Research associate Frontier Centre for Public Policy Author Stephanie Kelton’s main point in The Deficit Myth is that federal deficits are not only harmless but highly desirable as devices to accelerate economic activity and resolve economic inequality. She’s wrong. Government finance is not like other finance, she maintains. Governments are issuers of…

Ontario government must avoid fiscal mistakes of its predecessors

The government must craft a credible short-term plan to eliminate the budget deficit

Ontario government must avoid fiscal mistakes of its predecessorsBy Steve Lafleur and Jake Fuss The Fraser Institute The Ford government released Ontario’s 2020/21 third quarter fiscal update last week. As expected, the numbers were ugly. The Department of Finance now anticipates a $38.5 billion budget deficit for this fiscal year. Moreover, the Financial Accountability Officer projects that while the deficit will decrease substantially…

Equalization referendum is crucial step in Alberta’s fight for fairness

There’s only one way for Albertans to get a fair deal in Canada: fight for it

Equalization referendum is crucial step in Alberta’s fight for fairnessPrime Minister Justin Trudeau has made one thing clear: he’s not going to hand Alberta a fair deal on a silver platter. There’s only one way for Albertans to get a fair deal: fight for it. The next step in our fight for fairness is this year’s equalization referendum. The equalization referendum on Oct. 18…

No such thing as a downturn if you work in government

A growing class divide between those who receive a government paycheque and those who pay it

No such thing as a downturn if you work in governmentLast year was a surprisingly good year financially for Alberta bureaucrats, unless you were one of the unlucky rubes who doesn’t work for the government. Even though the private sector was shedding jobs by the thousands, many Alberta bureaucrats received pay raises during lockdowns, courtesy of Mr. and Ms. Taxpayer. If that doesn’t seem fair…
1 2 3 14