No major city in Canada offers a clear and transparent budget presentation, according to a new C.D. Howe Institute report. In “Building Better Budgets: Canada’s Cities Should Clean Up their Financial Reporting,” authors Benjamin Dachis and William B.P. Robson provide report cards to 24 major Canadian cities on the quality of their budgets.

Here is the full report:

 Building Better Budgets: Canada’s Cities Should Clean Up their Financial Reporting