The rating agency expects most provinces to remain in deficit in 2015
Canada’s provinces, territories and municipalities must make big policy changes if they want to rein in their public debt, the federal Parliamentary Budget Officer cautioned Tuesday in a new report. Those levels of government need to get their finances in order, the PBO said, suggesting they could try to find savings in health care or […]
Alberta to post strongest GDP growth; Manitoba and B.C. to surpass Saskatchewan this year
Despite some exceptions, most provinces continue to post deficits - and some are facing serious challenges
The think-tank’s annual economic report card comparing 16 of the world’s richest countries puts Canada in fifth place overall
Resource-rich provinces see gains in GDP growth
Provincial Q1 operational revenue $211 million higher than expected
Only four provinces - British Columbia, Saskatchewan, Quebec and Nova Scotia - are expecting to balance their books this year
Resources account for more than 20% of revenue for Alberta, Saskatchewan and Newfoundland
Tax increases are minimal and some provinces have even managed to provide tax breaks