Fiscal situation of Canada’s ‘oil rich’ provinces

Summary:
I’ve just written a blog post about the fiscal situation of Canada’s ‘oil rich’ provinces (i.e., Alberta, Saskatchewan and Newfoundland and Labrador). It consists of a summary of key points raised at a PEF-sponsored panel at this year’s Annual Conference of the Canadian Economics Association. Points raised in the blog post include the following: -The price of oil is impossible to accurately predict, and there’s no guarantee it will rise to past levels. -Each of Canada’s ‘oil rich’ provinces should therefore find other ways of financing future spending. The full blog post can be found here. Enjoy and share:

Topics:
Nick Falvo considers the following as important: aboriginal peoples, Alberta, Balanced budgets, budgets, corporate income tax, corporate profits, Debt, deficits, Economic Growth, economic thought, Employment, energy, fiscal policy, Heterodox Economics, homeless, housing, income, Income distribution, income support, income tax, indigenous people, industrial policy, inequality, labour adjustment, labour market, Newfoundland and Labrador, oil and gas, PEF, Poverty, progressive economic strategies, public services, Role of government, Saskatchewan, social policy, taxation, transportation, Unemployment

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