Oil-producing provinces face fiscal headwinds
The oil shock is hitting producer provinces hard. But in B.C., the lower C$ and population growth are driving prosperity
Canada’s provinces are approaching balanced budgets and stabilizing their debt burdens
The federal government’s net debt is set to be eliminated in 35 years
On the positive side, consumers have more to spend and businessses benefit from lower energy costs
Low oil prices change outlooks for provincial economies: report
The federal government will increase transfers to the provinces next year
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