This paper presents a simulation model of the main budget aggregates of federal, provincial and territorial governments … in Canada. The general approach is to use a cyclical indicator (output gap), estimate the sensitivity of government … are found to have had pro-cyclical fiscal policies over this period.<P>Un modèle de simulation des comptes gouvernementaux …

Each spring, Canada's federal, provincial and territorial legislatures vote budgets that set out their spending and … to voters and taxpayers. Over the last decade, however, Canada's senior governments have overshot their spending targets … expert reader. Our 2013 fiscal accountability survey of Canada's senior governments' evaluates the clarity and adherence to …

system is the most progressive. The budget proposals will raise taxes, widening the gap with the rest of Canada, yet the tax …