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Trudeau’s record-high spending hasn’t translated into strong economic growth
During the Trudeau period, business investment actually declined by 0.2 per cent. ...
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New federal government can't continue debt binge
The new Liberal minority government should develop a credible plan to balance the budget and stop debt accumulation. ...
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Trudeau government spending large on Canada’s credit card
Federal program spending in 2021/22 is $54.4 billion higher than planned in November 2020. ...
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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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Alberta’s woes threaten Canada’s finances from coast to coast
Ottawa annually pocketed $22 billion more in revenue from Alberta than it spent in the province. ...
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Federal and provincial government debt mounting quickly in Canada
Due to persistent budget deficits in the decade following the 2008 recession and, more recently, the economic effects of COVID-19, government debt is rising rapidly across Canada. Hence, as budget season looms, it’s especially important ...
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Any credible plan to fix federal finances must address pre-COVID spending
Indigenous and Northern Affairs represented the largest share of federal program spending growth. ...
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Trudeau sets another record—and not in a good way
Appeared in the Toronto Sun, February 5, 2020 Prime Minister Justin Trudeau has set another record—increasing the federal debt (per person) more than any other prime minister (not facing a world war or recession) since 1870. He earlier set a spending ...
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Morneau seems uninterested in perilous state of federal finances
Appeared in the Winnipeg Free Press, January 26, 2020 It’s hard to recall a time when Canada’s finances were so perilously close to rapidly deteriorating with seemingly little or no interest in Ottawa. Finance Minister Bill Morneau has been making the ...
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Federal spending reaches highest level in Canadian history
Appeared in the Financial Post, January 15, 2020 Sound fiscal policy is crucial for a healthy economy. A key component of sound policy is the appropriate size and role of government (i.e. government spending and regulations). Higher spending comes at the ...