PUBLIC DEBT

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Are We In Too Much Debt?

Debt is necessary for households to build assets and improve human capital while for the government, it facilitates government investment in the society. Debt helps companies to grow and develop. However, excessive debt held by households, companies or the government may create potential financial or economic instability.
Darryl Dyck/CP

B.C. Voters Care About More Than Money

Does Premier Christy Clark believe that money is the only thing on the minds of voters? Does she think that voters are really enjoying having the extra money in their pockets from all her tax cuts so that they can have the choice to pay to cross bridges? Does she think we're pleased that we have some extra change to support school fundraisers and to donate to Adopt-a-School?
gwflash

Quebec Should Ditch Wind Power Subsidies and Go for Oil

Hydro-Québec indirectly subsidizes the wind power sector to the tune of $695 million a year, which amounts to some $200 per Quebec household to produce a tiny fraction of the province's energy. With an estimated 40 billion barrels of oil, developing this resource would provide a minimum of $160 million a year in royalties for the Quebec treasury over 30 years.
CP

Deficit Shrinks As Feds Rake It In

OTTAWA - Ottawa ran a deficit of $614 million in November, smaller than a $1.7-billion shortfall in the same month a year earlier.The monthly fiscal monitor says the federal government's revenue was u...

Christmas Lights

Everyone enjoys Christmas lights and Christmas carols. But what would be a nice message to people who do not know much about the Bible or believe it? I think it would be to say to all the shoppers in the malls, that they are, themselves, "Christmas lights," lights against the darkness.