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The Deficit Is $78 Billion. The Debt Grew by $87 Billion. Governments Are Hiding the Difference.
Accrual accounting lets Ottawa and the provinces report smaller deficits while borrowing far more. The provinces ran $333 billion in combined deficits since 1990. Their net debt grew by $863 billion. The gap is by design.
NW · 3 weeks ago
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60% Disapprove. 55% Say Tariffs Hurt. Trump’s Approval on the Economy Is the Worst in a Generation.
One year after 'Liberation Day,' every major poll tells the same story: most Americans oppose Trump's tariffs, most say they raised prices, and the Supreme Court already struck the program down once.
NW · 4 weeks ago
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Every Allied Country Is Cutting Fuel Taxes. Canada Is Raising Them.
Australia halved fuel taxes. Italy, Spain, Ireland, and Portugal cut theirs. On April 1, Canada's industrial carbon tax rises to $110 per tonne — and Canadians pay up to 65 cents a litre in fuel taxes.
NW · 4 weeks ago