July revenues decreased, mostly as a result of a 12.8% dropoff in corporate taxes.
Federal and provincial governments face an underlying shortfall worth 2.7% of GDP
Outlook for global and Canadian economies has worsened since earlier projections
It all seemed so straightforward during the election this past May, when the incumbent party had pledged to eliminate the federal deficit in the fiscal year of 2014-15, a year earlier than previously projected. But, as we know, election pledges often don’t have a long shelf life. So, it was fascinating to watch Prime Minister […]
Groaning debt loads and slowing growth have most provinces cutting spending and using taxes to promote economic activity
Ottawa told to rein growth in the public service
Flaherty open to measures to help low income seniors
Budget day “is not very soon”