The Fiscal Responsibility Act defines the attributes of good fiscal management, and ensures the Government meets these criteria by requiring a pre-budget opening of the books and a post-budget review of fiscal strategy. The Government is therefore more open and more accountable. The Act creates an incentive for the politicians to pursue policies in the country’s long term interests, rather than to suit short-term political ones.
Read more..
Share | Email | Print
A Snapshot of Property Rights Protection in Canada After 10 years
The writ has been dropped and Albertans are off to the polls on May 29. That leaves just four weeks for political leaders and voters to sort out what is arguably the most divisive, yet significant, issue for this election - health care. On Day 2, NDP leader Rachel...
MORE NEWS
In May, the federal government announced it was creating a new organization called the Canada Water Agency. It will have a 5-year budget of $85 million, staff of 215, half of which will be located at a new headquarters in Winnipeg. This is part of a broader effort...
The meme where Prime Minister Justin Trudeau becomes the new coach of the Toronto Maple Leafs, who lost in the NHL playoffs to Boston May 4th, has far more depth than people realize. Previous head coach Sheldon Keefe was fired, leaving a prime job open. “With my...
Canadians have been treated to the latest growth-strangling budget of our mushrooming federal government. Aside from the usual profligate Ottawa spending plans, one move has caused justifiable consternation: the capital gains inclusion rate is to be raised from one...