Restoring Fiscal Balance In Canada

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Restoring Fiscal Balance in Canada

Author : Canada. Department of Finance
Publisher :
ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.:/5 (9 download)

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Book Synopsis Restoring Fiscal Balance in Canada by : Canada. Department of Finance

Download or read book Restoring Fiscal Balance in Canada written by Canada. Department of Finance and published by . This book was released on 2006 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debates over fiscal arrangements in Canada are not new. Many of the debates of the past focused on challenges that continue to this day - especially the need to continually adapt to changes in fiscal balance that result from evolving circumstances and the changes in the roles and responsibilities of governments that accompany them. In addition, new issues have arisen in recent years, including how to deal with substantial unplanned federal surpluses and the challenges facing municipalities. This document sets out four major sets of concerns that are the focus of the current debate and the Government's approach for following through on the commitment made to address concerns over the fiscal imbalance. Ch. 2 describes how large, unplanned federal surpluses have given rise to concerns that federal budgeting has not been sufficiently tranparents. Ch. 3 describes how federal government has undertaken significant new spending initiatives in areas of provincial responsibility, leading to concerns about blurred accountability and reduced clarity with respect to roles and responsibilities of each order of government. Ch. 4 described how the federal government cut transfers to provinces and territories in order to get its fiscal house in order in the mid-1990s, and then made significant investments that restored overall transfers. Concerns remain that some tranfers have not yet been put on a principle-based, predictable, long-term track. Ch. 5 describes the need for both orders of government to do more to enhance the efficiency and competitiveness of the economic union.

Expansionary Austerity New International Evidence

Author : Mr.Daniel Leigh
Publisher : International Monetary Fund
ISBN 13 : 1455294691
Total Pages : 41 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis Expansionary Austerity New International Evidence by : Mr.Daniel Leigh

Download or read book Expansionary Austerity New International Evidence written by Mr.Daniel Leigh and published by International Monetary Fund. This book was released on 2011-07-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.

Canada

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
ISBN 13 : 1498321119
Total Pages : 85 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Canada by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Canada written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2019-06-24 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Financial System Stability Assessment paper discusses that Canada has enjoyed favorable macroeconomic outcomes over the past decades, and its vibrant financial system continues to grow robustly. However, macrofinancial vulnerabilities—notably, elevated household debt and housing market imbalances—remain substantial, posing financial stability concerns. Various parts of the financial system are directly exposed to the housing market and/or linked through housing finance. The financial system would be able to manage severe macrofinancial shocks. Major deposit-taking institutions would remain resilient, but mortgage insurers would need additional capital in a severe adverse scenario. Housing finance is broadly resilient, notwithstanding some weaknesses in the small non-prime mortgage lending segment. Although banks’ overall capital buffers are adequate, additional required capital for mortgage exposures, along with measures to increase risk-based differentiation in mortgage pricing, would be desirable. This would help ensure adequate through-the cycle buffers, improve mortgage risk-pricing, and limit procyclical effects induced by housing market corrections.

Canadian Federalism

Author : Herman Bakvis
Publisher : University of Toronto Press
ISBN 13 : 1487570457
Total Pages : 516 pages
Book Rating : 4.4/5 (875 download)

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Book Synopsis Canadian Federalism by : Herman Bakvis

Download or read book Canadian Federalism written by Herman Bakvis and published by University of Toronto Press. This book was released on 2020-07-09 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canadian Federalism is Canada’s leading text on federal institutions and processes. The fourth edition provides extensive updates and covers all the significant developments of the past decade, including Prime Minister Stephen Harper’s battles with the Supreme Court and Prime Minister Justin Trudeau’s efforts at a more co-operative approach to intergovernmental relations. It also features two entirely new chapters – one on criminal justice and criminal law, the other on comparative federalism. Specific topics include the Supreme Court’s renewed emphasis on co-operative federalism and a federal–provincial balance tilted more in favour of the provinces, the Trudeau government’s efforts to broker a deal between provinces over pipelines and carbon taxes as part of its commitment under the Paris Agreement, the strains imposed on federal–provincial relations with the influx of refugees, and the changing role of Ottawa and the provinces towards cities and in accommodating Indigenous rights. Examination of these key issues includes discussion of the implications of the 2019 federal election and recent provincial elections.

Stephen Harper And the Future of Canada

Author : William Johnson
Publisher : Douglas Gibson Books
ISBN 13 : 9780771095542
Total Pages : 494 pages
Book Rating : 4.0/5 (955 download)

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Book Synopsis Stephen Harper And the Future of Canada by : William Johnson

Download or read book Stephen Harper And the Future of Canada written by William Johnson and published by Douglas Gibson Books. This book was released on 2006 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has never been a book about Stephen Harper, yet on June 28 he came close to being our prime minister. If Paul Martin miscalculates, Stephen Harper could be our next prime minister in months, not years. Who is this man? Everyone knows that he became leader of the Alliance Party and, against all odds, gathered in the old Conservative Party to create a force designed to win power, coming very close in 2004. Yet what are his core beliefs? To what extent does he agree with his party's social conservatives, who scared away voters in the last election? Where will he take us if he gets power? William Johnson has researched the Harper family background and the historical context that shaped his political career. He paints a fascinating picture of a man who, like Pierre Trudeau, trained mentally for political power like an athlete training for the Olympics, yet is not a natural politician and never really wanted the political leader’s life. By studying Harper’s approach to the main issues in Canadian politics, he shows that Harper is a sophisticated political operative, far more complex and intellectual than the right-wing Republican image that has been created for him. This is a serious, objective political biography, short on gossip but long on clear discussion of Harper’s political views – and how he got them. Johnson’s message? Don’t underestimate this man. From the Hardcover edition.

Beyond equalization

Author :
Publisher : The Fraser Institute
ISBN 13 : 088975215X
Total Pages : 138 pages
Book Rating : 4.8/5 (897 download)

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Book Synopsis Beyond equalization by :

Download or read book Beyond equalization written by and published by The Fraser Institute. This book was released on 2007 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of this book have worked independently and opinions expressed by them are, therefore, their own, and do not necessarily reflect the opinions of the supporters or the trustees of The Fraser Institute. [...] She is co-author of the An Empir- ical Comparison of Labour Relations Laws in Canada and the United States (2006), Union Disclosure in Canada and the United States (2006), Fiscal Per- formance Index (2006), Tax Freedom Day (2006), Canadian Provincial In- vestment Climate Report (2006), Transparency of Labour Relations Boards in Canada and the United States (2005), and the State of the Urban Air in [...] We would like to acknowledge all of the scholars who provided peer review of this study: Professor Ron Knee- bone of the University of Calgary, Professor Richard Bird of the University of Toronto, Professor Barry Cooper of the University of Calgary, Gordon Gibson who is a Senior Fellow of the Fraser Institute, Professor Bev Dahlby of the University of Alberta and a member of the Fraser Institute's [...] In addition, we would like to thank Nadeem Esmail, the Director of Health Performance Studies at the Fraser Institute and Fred McMahon the Director of Globalization and Trade at the Fraser Institute and the author of 2 books on the topic of fiscal balance and equalization for their review of a number of working drafts. [...] Figure 1.2 illustrates the nominal net fiscal balance (surplus or deficit) for the federal government and all of the provincial and territorial governments (consolidated) between 1990/91 and 2005/06. The federal government begins the period with an enormous deficit of $32.4 billion while the provinces had a much lower, collective deficit of $7.6 billion.

The Practice of Fiscal Federalism

Author : Anwar Shah
Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773578471
Total Pages : 840 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis The Practice of Fiscal Federalism by : Anwar Shah

Download or read book The Practice of Fiscal Federalism written by Anwar Shah and published by McGill-Queen's Press - MQUP. This book was released on 2007-09-05 with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributors provide a fascinating account of how federal countries are confronting the traditional challenges of conflicts over division of fiscal powers while also coping with emerging challenges of globalization and citizen empowerment arising from the information revolution. They analyze how relationships and roles in different orders of government are being reshaped and show how local solutions inspired by global principles help strengthen government accountability and improve the quality of life for citizens.

The Oxford Handbook of Canadian Politics

Author : John C. Courtney
Publisher : Oxford University Press
ISBN 13 : 0199714959
Total Pages : pages
Book Rating : 4.1/5 (997 download)

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Book Synopsis The Oxford Handbook of Canadian Politics by : John C. Courtney

Download or read book The Oxford Handbook of Canadian Politics written by John C. Courtney and published by Oxford University Press. This book was released on 2010-04-08 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada officially achieved legislative autonomy in 1931 and has since developed into one of the world's most prosperous democracies. Though its political system is widely commended for its stability and fairness, it is nonetheless extremely complex. Particularly within the past five decades, Canada has undergone a vast social and political revolution, as exhibited by events such as the Quiet Revolution in Quebec, the ratification of the Charter of Rights and Freedoms, the Medical Care Act of 1966 and the official adoption of bilingualism and multiculturalism. As the world moves towards globalization, technology has likewise facilitated communication between previously isolated provinces and territories within Canada. Such developments hold significant implications for the role of Canadian politics, both domestically and internationally. The Oxford Handbook of Canadian Politics provides a comprehensive overview of the transformation that has occurred in Canadian politics since the country acheived autonomy, examining the institutions and processes of Canadian government and politics at the local, provincial and federal levels. It analyzes all aspects of the Canadian political system: the courts, elections, political parties, Parliament, the constitution, fiscal and political federalism, the diffusion of policies between regions, and various aspects of public policy. The Handbook examines recent trends such as the movement towards minority Parliaments and extrapolates potential developments. This handbook represents the work of a distinguished array of contributors, including some of the world's most prominent scholars of political science. This volume renders an objective, authoritative portrait of the Canadian political system: it is indispensable to anyone interested in the topic.

The Politics of Fiscal Federalism

Author : Adam Harmes
Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 077355789X
Total Pages : 325 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis The Politics of Fiscal Federalism by : Adam Harmes

Download or read book The Politics of Fiscal Federalism written by Adam Harmes and published by McGill-Queen's Press - MQUP. This book was released on 2019-05-13 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: What does federalism have to do with the political struggle between conservatives and progressives over economic policy? How do economic theories of fiscal federalism influence European, North American, and global forms of governance? In the first comprehensive account of the left-right politics of multilevel governance across federal, regional, and global levels, Adam Harmes identifies both free-market and interventionist political projects related to fiscal federalism. Harmes argues that these political projects and the interests that promote them explain a diverse range of phenomena across national contexts, across levels of governance, and over time. This includes the left-right dynamics of US and Canadian federalism, the free-market origins of British euroscepticism and the Brexit vote, the complex politics behind the NAFTA renegotiations, and the emergence of both populist and progressive challenges to global free trade. A highly accessible outline of fiscal federalism theory, The Politics of Fiscal Federalism also expands upon the broader value and policy differences between neoliberal, classical liberal, and Keynesian welfare economics on issues such as the role of the state, subnational and global trade, economic nationalism, and monetary integration. This original and innovative work demonstrates that a political economy approach is essential to the study of federalism, and why federalism and multilevel governance is a critical area of study for political economists.

Keeping Canada Running

Author : G. Bruce Doern
Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0228007240
Total Pages : pages
Book Rating : 4.2/5 (28 download)

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Book Synopsis Keeping Canada Running by : G. Bruce Doern

Download or read book Keeping Canada Running written by G. Bruce Doern and published by McGill-Queen's Press - MQUP. This book was released on 2021-09-29 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal government's promises to "build back better" and "build back green" highlight opportunities to reimagine Canadian infrastructure. In this groundbreaking study, authors Bruce Doern, Christopher Stoney, and Robert Hilton provide the first comprehensive overview of Canadian infrastructure policy, examining the impact and implications of the COVID-19 pandemic and rapid technological change as Canada looks to recover and rebuild. Covering more than fifty years across many sectors, the authors identify numerous challenges that have contributed to Canada's growing infrastructure deficit and suboptimal outcomes including political interference in the choice of infrastructure projects; challenges for multilevel governance such as distortion of local priorities, blurred accountability, and unsustainable maintenance costs for municipalities; the growing reliance on public-private partnerships that limit transparency and public scrutiny; and increased corruption associated with infrastructure projects. Transforming infrastructure is notoriously difficult yet vital at a time of rapid technological change. It is estimated that 75 percent of the infrastructure that will exist in 2050 does not exist today. This makes it crucial that Canada invest in future-proof infrastructure with the capacity to facilitate economic growth and the expansion of urban centres, mitigate and adapt to the impacts of climate change, and ensure resilience in response to crises and disasters. Keeping Canada Running offers a timely assessment of these issues, Canada's COVID-19 response, and the potential contribution of the newly launched Canadian Infrastructure Bank.

Uneasy Partnership

Author : Geoffrey Hale
Publisher : University of Toronto Press
ISBN 13 : 1442607289
Total Pages : 446 pages
Book Rating : 4.4/5 (426 download)

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Book Synopsis Uneasy Partnership by : Geoffrey Hale

Download or read book Uneasy Partnership written by Geoffrey Hale and published by University of Toronto Press. This book was released on 2018-01-25 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Canadian government's pursuit of economic growth is central to its economic policy and to the nature of its relationship with the business community. The government depends on business investment for economic growth vital to the prosperity of citizens, the generation of tax revenues, and enough public satisfaction to win re-election. Businesses depend on the government for stable sets of rules that are necessary for success. They often look to governments for protection against threats to their well-being and for assistance in competing with other businesses. In this new edition of Uneasy Partnership, Geoffrey Hale examines the interdependent relationship between Canadian governments and businesses, considering the political role of the government in the economy and what effect this has on the business environment. Hale provides an overview of the historical dimensions of Canada's political economy and relations between government and business, giving readers background to consider topics such as corporate power, the implications of Canada's economic structure, regional economic differences, and the role of interest groups in political and policy processes, among others. In a thoughtful and well-researched style, Hale lays out how the partnership between business and government in Canada is an uneasy one--and one whose capacity to adapt to ongoing changes is essential in an uncertain world."--

The Federal Nation

Author : I. Morgan
Publisher : Springer
ISBN 13 : 0230617255
Total Pages : 267 pages
Book Rating : 4.2/5 (36 download)

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Book Synopsis The Federal Nation by : I. Morgan

Download or read book The Federal Nation written by I. Morgan and published by Springer. This book was released on 2008-12-08 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume gathers contributors from both the US and UK to provide a comparative examination of federalism in the Bush era, a period of huge change in national politics, but also one of significant shifts in US federalism in relation to social and socioeconomic issues.

How Ottawa Spends, 2007-2008

Author : G. Bruce Doern
Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773575626
Total Pages : 333 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis How Ottawa Spends, 2007-2008 by : G. Bruce Doern

Download or read book How Ottawa Spends, 2007-2008 written by G. Bruce Doern and published by McGill-Queen's Press - MQUP. This book was released on 2007-08-01 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the twenty-eighth edition of How Ottawa Spends leading Canadian scholars examine the Harper government agenda in the context of Stéphane Dion's election as Liberal opposition leader and the emergence of climate change as a dominant political and policy issue. This volume focuses on Quebec-Canada relations and federal-provincial fiscal imbalance. Contributors explore several key policy and expenditure issues, including Canada-U.S. relations, the Federal Accountability Act, energy policy, health care, child care, crime and punishment, consumer policy, and public service labour relations. They also offer a critical analysis of the challenges to overall governance, including ministerial responsibility, public-private partnerships, and the handling of long-term spending commitments inherited by succeeding governments. Contributors include Timothy Barkiw (Toronto Metropolitan University), Gerard Boychuk (Waterloo), Keith Brownsey (Mount Royal College, Calgary), Peter Graefe (McMaster), Geoffrey Hale (Lethbridge), Carey Hill (Western Ontario), Ruth Hubbard (Ottawa), Derek Ireland (PhD student, Carleton), Rachel Laforest (Queen's), Ian Lee (Carleton), Trevor Lynn (Saskatchewan), Jonathan Malloy (Carleton), Scott Millar (Government of Canada), Gilles Paquet (emeritus, Ottawa), Michael Prince (Victoria), Christopher Stoney (Carleton), Gene Swimmer (Carleton), Katherine Teghtsoonian (Victoria), Andrew Teliszewsky (Ontario Minister of Health Promotion), Lori Turnbull (Dalhousie), and Kernaghan Webb (Toronto Metropolitan University).

Canadian Public Budgeting in the Age of Crises

Author : G. Bruce Doern
Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773588531
Total Pages : 297 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis Canadian Public Budgeting in the Age of Crises by : G. Bruce Doern

Download or read book Canadian Public Budgeting in the Age of Crises written by G. Bruce Doern and published by McGill-Queen's Press - MQUP. This book was released on 2013-04-18 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the 2008 financial crunch, a pending era of budgetary austerity looms over Canada. Canadian Public Budgeting in the Age of Crises provides a roadmap through the difficult fiscal decisions that have characterized contemporary federal politics across four decades. The authors provide an accessible and comprehensive overview of the constraints that have affected budgetary outcomes in the recent past and that will affect the near future, with analysis spanning micro, macro, social, environmental, and intergenerational domains. They examine the current Harper government's Conservative era, but also look at public budgeting under Chrétien, Mulroney, and Trudeau. Set in the crucial context of macroeconomic policy shifts and in a global comparative context, Canadian Public Budgeting in the Age of Crises broadens and deepens our understanding of government spending, borrowing, and taxing. Budgetary domains - complex realms of fiscal content, choice, and governance - are introduced and balanced against an analysis of these domains with pertinent and up-to-date discussions on institutional influences, dominant actors, and shifting power imbalances.

Trust, Distrust, and Mistrust in Multinational Democracies

Author : Dimitrios Karmis
Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773554335
Total Pages : 393 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis Trust, Distrust, and Mistrust in Multinational Democracies by : Dimitrios Karmis

Download or read book Trust, Distrust, and Mistrust in Multinational Democracies written by Dimitrios Karmis and published by McGill-Queen's Press - MQUP. This book was released on 2018-09-15 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of research on the notion of trust has grown considerably in the social sciences over the last three decades. Much has been said about the decline of political trust in democracies and intense debates have occurred about the nature and complexity of the relationship between trust and democracy. Political trust is usually understood as trust in political institutions (including trust in political actors that inhabit the institutions), trust between citizens, and to a lesser extent, trust between groups. However, the literature on trust has given no special attention to the issue of trust between minority and majority nations in multinational democracies – countries that are not only multicultural but also constitutional associations containing two or more nations or peoples whose members claim to be self-governing and have the right of self-determination. This volume, part of the work of the Groupe de recherche sur les sociétés plurinationales (GRSP), is a comparative study of trust, distrust, and mistrust in multinational democracies, centring on Canada, Belgium, Spain, and the United Kingdom. Beliefs, attitudes, practices, and relations of trust, distrust, and mistrust are studied as situated, interacting, and coexisting phenomena that change over time and space. Contributors include Dario Castiglione (Exeter), Jérôme Couture (INRS-UCS), Kris Deschouwer (Vrije Universiteit Brussel), Jean Leclair (Montréal), Patti Tamara Lenard (Ottawa), Niels Morsink (Antwerp), Geneviève Nootens (Chicoutimi), Darren O’Toole (Ottawa), Alexandre Pelletier (Toronto), Réjean Pelletier (Laval), Philip Resnick (UBC), David Robichaud (Ottawa), Peter Russell (Toronto), Richard Simeon (Toronto), Dave Sinardet (Vrije Universiteit Brussel), and Jeremy Webber (Victoria).

Canada: The State of the Federation 1990

Author : Ronald Lampman Watts
Publisher : IIGR, Queen's University
ISBN 13 : 0889115702
Total Pages : 295 pages
Book Rating : 4.8/5 (891 download)

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Book Synopsis Canada: The State of the Federation 1990 by : Ronald Lampman Watts

Download or read book Canada: The State of the Federation 1990 written by Ronald Lampman Watts and published by IIGR, Queen's University. This book was released on 1990 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Canada

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484368231
Total Pages : 84 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Canada by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Canada written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2018-07-16 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economy has continued to perform well, but trade tensions, uncertainty about the outcome of NAFTA negotiations and the impact of the U.S. Tax Cuts and Jobs Act on Canada’s competitiveness are casting a shadow over the outlook.