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1. 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. ...

2. 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. ...

3. 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. ...

4. Federal ‘stimulus’ spending will likely arrive late with minimal benefits

   The government says $101 billion in stimulus spending is required for “sustained economic recovery.” ...

5. Trudeau government poised to embrace much more federal debt

   Starting in the mid-1980s, Canada’s federal fiscal policy focused heavily on trying to limit the accumulation of debt and push down (or at least prevent) growth in Ottawa’s debt-to-GDP ratio. To achieve this objective, successive ...

6. Freeland takes over during massive federal spending spree

   It’s out with the old and in with the new in Ottawa as Chrystia Freeland replaces Bill Morneau as federal finance minister. Freeland takes over during a dramatic time in Canadian history, so it’s worth reviewing the history of federal ...

7. COVID-19 isn’t the only reason for our mega-deficit

   Appeared in the Financial Post, July 8, 2020 Today, the Trudeau government presents a “snapshot” of federal finances that’s likely to blame this year’s historic federal deficit on COVID-19 and the recession. But that’s only part of the story. The federal ...

8. Trudeau government must tackle federal budget deficit

   Recent estimates indicate that Canada’s federal government will eclipse $250 billion this year, the highest nominal deficit on record. With new spending announcements coming regularly, it’s possible this number will be even greater. As ...

9. Reality of government matters when assessing policy options

   In 1969, UCLA economist Harold Demsetz formalized an important concept in comparative economics—the Nirvana fallacy. His argument was that it was inappropriate, misleading and potentially counterproductive to compare hypothetical ideal ...

10. Canadians paying dearly for government debt in Canada

    Appeared in the Vancouver Province, February 20, 2020 For most Canadian families, the topic of government debt likely never comes up at the dinner table. And it’s easy to see why. With mortgages, vehicle leases and credit card bills, many Canadians have ...