Search

Search results

1. The real election losers—balance sheet, health care, federalism

   On health-care wait times, Canada consistently ranks lowest among comparable countries with universal health care. ...

2. New federal government can't continue debt binge

   The new Liberal minority government should develop a credible plan to balance the budget and stop debt accumulation. ...

3. Ottawa must exercise more control over borrowing and spending

   If this happens, interest payments on the federal debt would rise by nearly 60 per cent. ...

4. Trudeau government spending large on Canada’s credit card

   Federal program spending in 2021/22 is $54.4 billion higher than planned in November 2020. ...

5. Federal budget lacks realistic recovery plan despite all the red ink

   The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999. ...

6. Trudeau government poised to embrace much more federal debt

   Starting in the mid-1980s, Canada’s federal fiscal policy focused heavily on trying to limit the accumulation of debt and push down (or at least prevent) growth in Ottawa’s debt-to-GDP ratio. To achieve this objective, successive ...

7. To avoid fiscal crisis, Trudeau government must learn from history

   Canada’s near-debt crisis in the early 1990s showed what happens when governments ignore and continually defer meaningful action to address ongoing fiscal problems—namely, excessive spending, deficits and debt. Worryingly, the Trudeau ...

8. COVID-19 isn’t the only reason for our mega-deficit

   Appeared in the Financial Post, July 8, 2020 Today, the Trudeau government presents a “snapshot” of federal finances that’s likely to blame this year’s historic federal deficit on COVID-19 and the recession. But that’s only part of the story. The federal ...

9. Canadians paying dearly for government debt in Canada

   Appeared in the Vancouver Province, February 20, 2020 For most Canadian families, the topic of government debt likely never comes up at the dinner table. And it’s easy to see why. With mortgages, vehicle leases and credit card bills, many Canadians have ...

10. State of federal finances worse than previously thought

    The latest federal budget showed that public finances are in poor shape and Ottawa is ill-prepared for a possible economic recession. But a recent Parliamentary Budget Office report suggests the situation may be worse than the government ...