Ontario set to reveal first balanced budget in a decade
To include a host of new spending measures focused on pocketbook issues.
Ontario cuts deficit by more than 50%, down to $1.9 billion
Provincial government had projected $4.3 billion in last year’s budget.
Infrastructure spending slow to get out the door: PBO
A delay in government spending could affect the investments’ primary objective: to help lift Canada’s slow-growth economy.
Federal infrastructure money to cover projects completed in three years
Costs for transit and waste-water and water-treatment projects will be eligible retroactive to April 1.
NL’s bleak finances fuel angst for the future
Budget’s gouging of at least $3K per family is a lightning rod for fury and existential angst over the province’s future.
Trudeau promotes spending to boost economy
PM says boosting growth-generating projects such as infrastructure would ease Canada’s economic woes.
Ontario spending itself into economic crisis
Had spending increases been held to the rate of economic growth, Ontario would have a $4 billion surplus today.
Smarter approach to defence spending could save $10B: report
UBC professor says the government needs to rethink major purchases like the F-35 fighter jets.
Alberta NDP spends extra $624M
Will introduce bill to hike tax on the province’s highest earners.
Prentice ratchets back hardline vow to cut spending
Alberta premier says budget will be accompanied by a 10-year plan that will remake how province earns and spends money.
Moody’s casts doubt on Ontario’s plan to balance books by 2017-18
Credit agency is skeptical the province’s planned spending restraints won’t be enough to return the province to balance.
Albertans not OK with cuts as another oil boom goes bust: NDP
Brian Mason says the Progressive Conservatives have continually failed to disconnect day-to-day spending from volatile oil prices.
Alberta imposes cost saving measures over falling energy revenues
Premier Prentice says the government could see a $7-billion drop in resource revenue.
CFIB says spending out of control in Manitoba municipalities
Report suggests the province’s largest municipalities have increased spending three times the rate of population growth.
Ottawa must cap ‘reckless’ spending: finance minister
Unemployment and weak export prices remain a problem, but Oliver says the government won’t be opening its wallet.
Growth strengthening in advanced economies, OECD says
Smaller government spending cuts and fewer tax increases this year should boost growth.
US envoy seeks to soothe Canadian concerns about ‘fiscal cliff’
US ambassador David Jacobson says fiscal cliff won’t be felt immediately.