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COVID-19, Fiscal Federalism and Provincial Debt: Have We Reached a Critical Juncture?
In 2019, Canada's gross subnational debt to GDP was well over 40 per cent, easily the highest in the world (see Figure 1). This level will only grow as the provinces grapple with the pandemic and its fiscal effects. Some believe surging provincial debts have brought Canadian federalism to a cri...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Cambridge University Press
2020
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7330280/ http://dx.doi.org/10.1017/S0008423920000621 |