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Federal ‘stimulus’ spending will likely arrive late with minimal benefits
The government says $101 billion in stimulus spending is required for “sustained economic recovery.” ...
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Spending reductions—not tax increases—key to economic recovery and budget balance
According to current projections, the federal government will not balance the budget until 2050. ...
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Federal finances remain vulnerable to fluctuating interest rates
Appeared in Calgary's Business, August 20, 2020 There’s been a lot of movement in Ottawa lately, including Bill Morneau’s resignation as federal finance minister, with Chrystia Freeland taking his place. Unfortunately, the Trudeau government’s recent ...
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Federal government making up fiscal rules on the fly
Appeared in Calgary's Business, January 5, 2020 Last month, before the holidays, the Trudeau government released its fall economic update, which revealed—among other issues—that Canada’s federal debt-to-GDP ratio increased, meaning Canada’s debt has ...