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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 …. While Ottawa and Ontario prepare their principal financial documents using the same basis of accounting, display the …
Persistent link: https://www.econbiz.de/10013056519
Persistent link: https://www.econbiz.de/10013024221
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 …. While Ottawa and Ontario prepare their principal financial documents using the same basis of accounting, display the …
Persistent link: https://www.econbiz.de/10010855082
Under the President’s proposed budget for 2016, CBO estimates, the federal budget deficit would decline from $486 billion in 2015 to $384 billion in 2016, but then climb in subsequent years, reaching $801 billion in 2025. Federal debt held by the public would remain in the vicinity of 72...
Persistent link: https://www.econbiz.de/10011272458
never-ending task. This latest edition of the C.D. Howe Institute’s annual report on the fiscal accountability of Canada … revenues reported by Canada’s senior governments at the end of each fiscal year have tended to match the projections in the … territorial governments tend to overshoot their budget targets by large amounts. Over the decade, Canada’s senior governments …
Persistent link: https://www.econbiz.de/10011261849
The President's proposals would, relative to CBO's current-law baseline, boost deficits from 2014 through 2016 but reduce them from 2017 through 2024, CBO and JCT estimate. Deficits would total $6.6 trillion between 2015 and 2024, $1.0 trillion less than the cumulative deficit in CBO's baseline....
Persistent link: https://www.econbiz.de/10010813772
Canada’s governments have regularly missed budget spending and revenue targets during the last decade. Taken together …
Persistent link: https://www.econbiz.de/10010635822
Under current law, the deficit will decrease to $492 billion in 2014, CBO projects, as revenues continue rebounding from their low in the recession. But beginning in 2016, deficits will rise again—largely because of an aging population, rising health care costs, an expansion of federal...
Persistent link: https://www.econbiz.de/10010764002
As the COVID-19 pandemic has shaped public policies and government finances, it has also influenced the topics that public finance economists are researching. Because the 2020 International Institute of Public Finance (IIPF) Congress featured papers that were submitted prior to the start of the...
Persistent link: https://www.econbiz.de/10012602343
This note shows that the Italian Mini BOTs proposed in 2019 bore the potential neither to become Italian legal tender nor to practically increase Italian government debt, but to practically cause a mere reduction in taxation and thence in government spending or transfers. Since the Eurozone...
Persistent link: https://www.econbiz.de/10015076228