Tuesday, June 28, 2016

Provinces and cities racking up debt at an unsustainable rate: PBO report

11:05 AM

deficit debt

The debt and spending levels of Canada's provincial, territorial and local governments are unsustainable, and will need permanent increases in revenue or spending cuts to stabilize their balance sheets, says the parliamentary budget officer.



from CBC | Express Feed News http://ift.tt/290MoNS

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