1. Deficits: Wise Canadians live within their incomes. Governments must demonstrate restraint and prudence as well. 2. Policing: Our police are integral members of every community. Their uniforms and behaviour should not be designed to intimidate. They should represent order, authority and responsible...
The photovoltaic effect is a process by which sunlight is converted into electricity. We use the noon buying rate in The City of New York for cable transfers in Renminbi, Euros and Canadian dollars per U.S. dollar as certified for customs purposes by the Federal Reserve Bank of New York ...
"Most economists have no objection to budget deficits when the economy is weak because we understand the need for government spending in a weak economy," she said. "Economists really struggle with a deficit budget when the economy is doing as well as it's doing right now. I'm challenged b...
Their comments come as improved labour and consumer spending data in May provide at least some room for optimism on the Canadian economy, after the COVID-19 pandemic earlier this year pummelled corporate balance sheets and sent governments deep into debt. The federal budget watchdog...
CCA recommend the creation of a federal independent advisory body that can align governments at the provincial and municipal level to address infrastructure deficits across Canada. The stability of having multi-year project pipelines, based on evidence and independent expert advice, would also enable th...
' "But any such economic tuneup will not be easy, and surging provincial and federal debt loads are the key reason. Debt has risen as the poor economy dampened government tax revenues, pushing up deficits. Statistics Canada last month reported combined federal and provincial debt at $573 ...
However, you will note that the total for 2019-2020 is only $78.9 billion. Yet the federal government spends nearly $300 billion per year. The difference is effectively spent in provinces even when not given to provinces. This type of spending won’t show up as a transfer. For example, ...
(by 2002, the dollar was about 63 cents). The exception was Ontario where billions were also spent on buildings to accommodate the “double cohort” which was a by-product of finally ending the old seven-year secondary system. Meanwhile, the federal money – especially the CRCs – were ...
Meanwhile, while the right-wing press in Canada is continuously writing about the Liberal government's plan to run deficits for three years and balance the budget in the fourth year of it mandate, few are printing the fact that Stephen Harper managed to turn 10 consecutive federal budget surplu...
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