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Let's Talk Taxes. Manitoba's debt tilt drags economy down
A passenger recounts the Titanic like crash of Manitoba’s public finances. The Canadian Bonds Rating Agency downgrades Manitoba’s debt outlook from A to A-1, citing unbalanced budgets and rising provincial debt from 21.2 percent of GDP in 1990 to 28.1 percent. The piece urges spending limits, balanced budgets, tax base expansion, and Crown selling to halt the tilt as Ottawa eyes deep cuts to transfers. The column closes with a call to action for Eric Stefanson and a nod to the Association of Manitoba Taxpayers.
MENTIONED IN THIS ARTICLE
Peter Holle
Atlantic Ocean
Canada
New Zealand
Manitoba
Canadian Bonds Rating Agency
Ottawa
Stefanson
Eric
Association of Manitoba Taxpayers