Province creates team to combat “Ontario shuffle” and “Quebec truffle”
Tax rate cuts, tax credit hikes and increased tax brackets should be welcome
Firm cites ongoing market volatility in third quarter
Slowdown of U.S. housing market will dampen prospects for forestry industry
Alberta’s government says that its higher than expected surplus will provide a boost for its Heritage Fund and capital funding.According to the first quarter fiscal update, revenue for 2007-08 is forecast at $36.2 billion, an increase of $830 million from budget. Expenses are also up, now forecast at $33.7 billion, an increase of $533 million. […]
Panel to evaluate management and governance of provinces various funds
The number of well-off provinces have dwindled to just one from three, and the province is decisively above average, says Global Insight Inc., in a new note.“During the 1980s, Canada had three solid ‘have’ provinces. Today, Alberta is the only one, though, as B.C.’s standard of living has fallen below the national average, while Ontario’s […]
Real GDP at 0.7%, 2.7% annualized
Governments must search out new ways of conducting business
Minority budget requires opposition approval