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  1. What Happens to the Federal Deficit if a Recession Occurs in 2019?

    In its latest fiscal update, the Trudeau government revealed that it intends to continue running sizeable budget deficits for the foreseeable future. There are several risks inherent in the federal government’s current approach to fiscal policy ...

  2. Canadian household debt concerns are overblown

    Once again, alarms are sounding about the level of household debt in Canada. A recent Financial Post story highlighted reports by both Equifax Canada and the Swiss-based Bank of International Settlements (BIS) about the growing household ...

  3. Prime Minister Trudeau on track to set record for increasing federal debt

    Appeared in the Saskatoon StarPhoenix, October 26, 2017 Sometimes it takes years, if not decades, for a prime minister’s legacy to fully take shape. Other times it happens in much shorter order. Just two years into his first mandate, Prime Minister Justin ...

  4. Nothing So Certain: Debt, Taxes, and Government Spending

    The 2004 Ontario budget has proven to be a watershed event. After months of floating policy trial balloons, the government has finally committed to a four-year fiscal plan. This Alert assesses the new fiscal plan in the light of the prior Progressive ...