No matter how you measure it, Ontario’s budget deficit is on track to be the largest in provincial history. And while this year’s massive deficit is primarily due to forces outside the government’s control—mainly the COVID 19 recession—Premier Ford must develop a strategy to deal with the problem.
Despite promising significant increases to already historically high spending, Prime Minister Trudeau recently pledged there will be no new taxes.
As the pandemic continues to hamper the economy, many Canadian families struggling to keep up with monthly expenses including rent or mortgage.
Due to the COVID pandemic and recession, there’s now heightened interest in transparent reporting of health and economic indicators.
Earlier this summer, the four Atlantic provinces formed the “Atlantic Bubble” as the region works toward freer movement of people amid the COVID crisis. And clearly, the pandemic’s effect on the economy underscores the value of free movement of people and goods, which—on the bright side—presents some opportunity.
Successive Alberta governments have mismanaged the province’s finances for decades. The recent oil price drop and stock market crash means Alberta’s finances, already in trouble, are now potentially careening towards disaster.
Despite all the evidence, Prime Minister Trudeau, his government (and those around them) really believe their policies have made Canada the best place to invest.
In a development that has implications for the entire country, Fiat Chrysler recently announced it will layoff 1,500 unionized workers from its plant in Windsor, Ontario. Although many factors drive a company’s employment decisions, the overall competitiveness of the jurisdiction is important. And Michigan’s smart policy choices helped turn around the state’s economic fortunes—a fact policymakers in Ontario, other provinces and Parliament Hill should understand.
The United Nations Declaration of the Rights of Indigenous People (UNDRIP) was approved by the UN General Assembly in 2007. Its most controversial feature is a call for “free, prior and informed consent” (FPIC) by Indigenous peoples before economic development projects can take place on lands they inhabit or to which they may have a claim.