Canadians have gotten accustomed to feeling pretty good about their economy's performance during the recent downturn, and consequently we also think the Canadian federal (provincial, not so much) budget situation is relatively sound. The first article notes that, depending on how you assess that claim, it's not clear that Canada is doing so well.
Given that, the second piece from C.D. Howe tries to forecast (a dangerous thing) the implications of current Canadian demographic trends for future federal and provincial fiscal situations. The focus is on the long-run impact of health care spending, not surprisingly.
