This article was last updated on April 16, 2022
Canada: 
Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
A new report by Fraser Institute has placed embattled former Alberta Premier Alison Redford in the sixth place when it comes to fiscal performance, during her time as premier, as compared to 10 premier of Canada. The report studied five current and five former premier on their fiscal policy surrounding government spending, taxes, deficits and debt.
The right-wing think-tank report issued on Thursday were Newfoundland and Labrador in the top place, followed by Saskatchewan and British Columbia. Whereas, Manitoba, N.B., Quebec, Ontario, N.S. and P.E.I received failing grades on the financial performances of their governments during the 2013-14 fiscal year. Explaining the report, the associate director of tax and fiscal policy at Fraser Institute and study co-author, Charles Lammam, mentioned in a news release that “while the top performing premiers should be commended, there is room for all to improve. In Saskatchewan, for example, annual government spending increases were largest, greatly outpacing average inflation and population growth. In B.C., the province’s tax competitiveness has taken a hit with recent tax rate hikes on both corporate and personal income.”
Lammam stressed that provinces should still “do a better job of managing spending so the government isn’t spending too high and incurring deficits and debt, and also he needs to ensure that Alberta’s tax rates remains competitive for both business and personal income.” He alleged that “instead of taking money away from the rainy day fund, it would be nice to see the current premier building that fund again.”
Be the first to comment