Interesting to note that Ontario and Alberta have the lowest corporate taxes, with economical and manageable public services and the least amount of subsidies to private business of all the provinces in Canada.
In other words, half the problem with the 'poor' Provincial governments is government incompetence in those Provinces with their noted passions for high corporate taxes and public services beyond their own means and high levels of political patronage and subsidies to private business. This fits the maritimes to a 't'.
Why should Alberta and Ontario taxpayers be forced to subsidize such ill-governance in a way that penalises themselves?
And wiping out provincial debts is the worst possible policy proscription since it creates a 'moral hazard' of govenment's getting out of responsibility for their own acts. They will then have every incentive to load up on debt and try to spend their way out of their problems with other poeple's money - again.
I'm sure the Maritime provinces would love it.
Look at Saskatchewan, we had not a surplus since the CCF came to power, but then the PC's come to power and first off, reorganise our debt so that it is apperent then looked for solutions. The biggest thing was lowering resoouce revenue and corperate tax in favour of consumption taxes, aslo selling off crown corperations to reduce losses. Two reasons Saskatchewan has a surplus are oil, which came inot being after Devine, and PST, wich the PC's were defeated over but the NDP introduced (breaking a major campagin promise).