Un article du Macleans

Failure to rein in spending and make tough budget choices puts the provinces on course for a European-style debt crisis

Provincial governments are hurtling toward financial disaster at breakneck speed. It’s the provinces that shoulder most of the burden of an aging population, with rising health care costs and massive demands for infrastructure spending. Couple that with public sector compensation demands and a political refusal to make tough spending decisions, and provincial budgets could quickly spiral into a crisis that engulfs Ottawa and risks the country’s reputation as a fiscal stalwart—and, ultimately, destabilizes the economy.

QUEBEC

Consistently blows its budget: total spending overruns from 2000 to 2010 were $10.4 billion or more than 15% of its 2011 budge Net debt per capita: $22,001

Debt-to-GDP ratio: 49.6%, highest in the country