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1. Governments betting on low interest rates may experience rude awakening

   Governments in Canada and around the world have run large budget deficits and greatly added to their debt loads due to their pandemic response and the accompanying economic downturn. Moreover, they are poised to add even more debt in ...

2. Trudeau floats false rhetoric on ‘new’ taxes

   Appeared in National Newswatch, September 3, 2020 Despite promising significant increases to already historically high spending, Prime Minister Trudeau recently pledged there will be no new taxes. This rhetoric is simply false. To pay for today’s spending ...

3. The Impact of Higher Interest Rates on the Cost of Servicing Government Debt

   An important fact to consider when assessing the medium-term fiscal plans announced by the federal and provincial governments is that interest rates are at historically low levels. A return to more normal levels would jeopardize promises for balanced ...