October 18, 2011
Canadian Federation of Independent Business (CFIB) Economics estimates that Canada's federal and provincial net debt will symbolically pass the $1.1 trillion mark just after 11pm on October 3. It had reached $1 trillion in late spring of 2010, so in a matter of less than a year and a half, debt levels of the two most senior levels of government have gone up another 10 per cent or $100 billion.
March 16, 2011
A new CFIB report – Restoring Canada’s Fiscal Fitness – warns governments to either control their spending or risk following in the footsteps of Greece, Ireland and several US states that find themselves in financial crisis. Find out how your province and the federal government stack up against the rest.
September 16, 2010
Municipal operating expenditures in Alberta continue to increase at an unsustainably high rate—1.8 times faster than population and inflation growth. Most detrimentally, this continued overspending is financed through
substantial increases in property tax revenues, user fees, and transfer payments from senior levels of government.
