Target Practice Needed: Canada’s 2010 Fiscal Accountability Rankings
Colin Busby and
William Robson
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Colin Busby: C.D. Howe Institute
C.D. Howe Institute Backgrounder, 2010, issue 129
Abstract:
Government spending overruns and missed revenue targets remain a common occurrence in Canada. Countrywide, spending overruns by the federal, provincial and territorial governments over the past decade exceeded $70 billion, limiting debt reduction and tax relief in earlier years, and materially adding to current deficits. This fourth annual fiscal accountability ranking measures each jurisdiction’s 10-year fiscal record for bias (the average difference between budget projections and actual results) and accuracy (over-shoots and under-shoots of budget targets).
Keywords: Fiscal Policy; Canadian federal; provincial and territorial governments fiscal accountability rankings (search for similar items in EconPapers)
JEL-codes: E62 H11 H72 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:cdh:backgr:129
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