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Morneau’s rhetoric on pipelines doesn’t match government’s record
In a recent CTV interview, Finance Minister Bill Morneau rightly acknowledged the significant challenges facing the energy industry in Alberta and Saskatchewan. “We need to think about the long-term,” he said, “that’s why we’ve looked at ...
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Regulatory reform in Canada should focus on streamlining deregulation
The federal budget update delivered last week by Finance Minister Bill Morneau disappointingly provided no general relief on personal or business taxes. However, a number of business leaders and journalists praised the promise of ...
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The finance minister said what? Part 4
Federal Finance Minister Bill Morneau (pictured above) appeared this weekend on CTV’s Question Period to present the government’s case for its economic and fiscal policies, which were reflected in the fall economic update released last ...
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No mistaking it now—the federal government has no interest in balancing the budget
If there were any lingering doubts about the federal government’s commitment to balance the budget in the near term or next year as they originally promised, they should be put to rest with the release of the fall economic update on ...
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Federal government doesn’t seem to recognize the hole it’s digging
If you were already worried about the Trudeau government’s persistent increases in government spending and debt, then today’s Fall Fiscal Update will only compound your concerns. But for those not already anxious about the state of ...
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Canada’s finance minister apparently doesn’t understand the difference between taxes and transfers
The job of finance minister requires a wide breadth of knowledge and clear understanding of public finance. So it’s more than a little worrisome to see federal Finance Minister Bill Morneau (pictured above) display an apparent lack of ...
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Federal purchase of Trans Mountain pipeline distorts incentives, sets dangerous precedent
Today, Finance Minister Bill Morneau (pictured above) announced that the federal government will purchase all assets related to the Trans Mountain pipeline. This includes the existing pipeline first built in the 1950s, and construction ...
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Trans Mountain—socializing costs is not the answer
Last week, the Trudeau government did what innumerable governments do when they become frustrated over failure to achieve a political aspiration—they throw money at it. Federal Finance Minister Bill Morneau (pictured above) announced, ...
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The finance minister said what? Part 3
This third installment in what has unfortunately become an ongoing series of blog posts examining statements by Canada’s federal Finance Minister Bill Morneau (pictured above) focuses on recent comments made during testimony before the ...
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Morneau's Trans Mountain pipeline promise creates a dangerous precedent
After weeks of anticipation, federal Finance Minister Bill Morneau (pictured above) today announced that—in light of the uncertainty over the $7.4 billion Trans Mountain pipeline expansion project—the federal government will compensate ...