{"title":"Grappling with Provincial Debts and Deficits","authors":"Marc D. Joffe","doi":"10.2139/ssrn.2868221","DOIUrl":null,"url":null,"abstract":"Could a Puerto Rico-style financial crisis hit a Canadian province. In this previously unpublished update to my 2012 analysis of Canadian provincial default risks, I compare fiscal conditions in Ontario and Quebec with those of Puerto Rico and neighboring US states. I also propose the use of cone diagrams to visualize the range of possible fiscal outcomes in Canadian provinces.","PeriodicalId":127865,"journal":{"name":"Political Economy: Budget","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2016-11-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Political Economy: Budget","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2868221","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Could a Puerto Rico-style financial crisis hit a Canadian province. In this previously unpublished update to my 2012 analysis of Canadian provincial default risks, I compare fiscal conditions in Ontario and Quebec with those of Puerto Rico and neighboring US states. I also propose the use of cone diagrams to visualize the range of possible fiscal outcomes in Canadian provinces.
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