Fiscal pressures and sovereign debt concerns around the world are intensifying scrutiny of government finances. Even in Canada, where these pressures and concerns are less acute, federal and provincial fiscal controls could be better. Some Canadian governments still present budgets to their...

Investment in plant and equipment per worker by business in Canada has long lagged that in the United States and other major developed countries, likely contributing to disappointing productivity growth in Canada. Fiscal and regulatory changes that would increase the rewards to investment and...