$50 billion in annual spending has disappeared.
Amid a growing debate over whether or not Canada is in a recession, a new survey from StatsCan provides more ammunition for
"B.C. is currently on target to balance the 2014/15 budget," declared B.C. Finance Minister Mike de Jong while unveiling the government's latest financial update. In reality, however, B.C.'s government debt will grow again this year.
Governments, like families, have choices. And governments, as with families, sometimes make picks that close off other options. Spend a lot of money on having dinner out every night and that might foreclose the purchase of a nicer automobile.