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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 ...
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Federal Budget 2017 proves the plan is failing
Appeared in the Toronto Sun, March 22, 2017 In listening to Finance Minister Bill Morneau (pictured above) deliver his government’s 2017 Budget, it’s clearly evident that the minister and his government believe their plan is working. “A year and a half ...
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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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Debt interest risks crowding out government spending on other priorities
Appeared in the Regina Leader Post and Huffington Post, Aug 25, 2014 Canadian headlines about government deficits and debt can be dizzying and hard for people to grasp. A few billion here and several billion there and the natural response is for one’s ...