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1. Deficits for 50 years—a plan fraught with risks and consequences

   The Trudeau government plans to implement new spending programs including national childcare and pharmacare. ...

2. 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 ...

3. Alberta’s run of deficits tower over Ontario’s worst

   Appeared in the Financial Post, May 30, 2017 Over the past decade, Ontario emerged as the poster child for poor fiscal management in Canada, due largely to the province’s deep run of deficits. However, thanks to a decade of rapid spending growth and ...

4. Race to the Bottom: Comparing the Recent Deficits of Alberta and Ontario

   Alberta’s public finances are deteriorating rapidly, with the provincial government set to run a cumulative budget deficit of $27.6 billion over the three-year period from 2015/16 to 2017/18. Until recently, by far the largest deficits of any ...

5. The new normal in Canada—deficits without end

   Appeared in the National Post, April 4, 2016 Alberta’s Finance Minister Joe Ceci, set to deliver his budget April 14, recently said he does not know when the province will eliminate its annual operating deficit, rumoured to be $10.4 billion this coming ...

6. Moving targets, routine deficits, and Canada’s short-lived federal ‘fiscal anchor’

   Appeared in the Financial Post, February 25, 2016 During last fall’s federal election, the Liberals campaigned on a commitment to run budget deficits for its first three years, while promising that the size of those deficits would be capped at $10 billion ...