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Trudeau government keeps ‘imagining’ while Canadians suffer the economic consequences
For the 45 research projects approved, almost $100 million had been committed but not necessarily spent. ...
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Fiscal Policy and Recessions: The Role of Public Infrastructure Spending
Governments are often encouraged to respond to economic downturns by way of discretionary spending measures intended to stimulate growth, offsetting the negative impacts of reduced private sector activity. In recent decades, governments have placed ...
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Ottawa’s fiscal plan not really about growth-maximizing infrastructure
Appeared in the Toronto Sun, November 13, 2016 Since coming into power, the federal Liberals have said they would pursue deficit spending to make investments that will drive Canada’s long-term economic growth. As Finance Minister Bill Morneau recently put ...
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Not your grandparents' growth-maximizing infrastructure spending
While infrastructure spending was major theme in this week’s federal fiscal update, Canadians ought to know that despite the government’s rhetoric, the planned infrastructure spending is unlikely to deliver on fostering long-term ...