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1. Nova Scotia budget shows debt accumulating at rapid pace

   The string of deficits will increase Nova Scotia’s government debt by nearly 40 per cent from 2019/20 to 2024/25. ...

2. Expanding government won’t help Canada’s recovery

   Enough signals have been sent by the federal government over the last few weeks for Canadians to formulate reasonable expectations about the upcoming throne speech next month and what might be included in the government’s plan for ...

3. Italy’s referendum—diminishing democracy or cutting the fat?

   On Dec. 4, Italian voters will be asked to cast their ballots on a constitutional referendum bill put forth by Prime Minister Matteo Renzi (pictured above). This referendum is essentially about streamlining the operations and functions ...

4. Morneau’s ‘Plan for Middle Class Progress’ cuts GDP by $131 billion

   Appeared in the Toronto Sun, November 2, 2016 On Tuesday, Federal Finance Minister Bill Morneau released his government’s Fall Economic Statement titled A Plan for Middle Class Progress. As noted in the release, “Finance Minister Bill Morneau announced ...

5. Federal deficits could total nearly $200 billion over next five years

   Appeared in the Financial Post, May 12, 2016 As the saying goes, a moving target is hard to hit. That is why repeated shifts in the federal government’s deficit and debt goals over the past six months have been so concerning. What started as a promise to ...

6. Moving Targets: Re-estimating Federal Deficits and Debt-to-GDP through 2020/21

   The federal government has repeatedly shifted the goal posts on its own “fiscal anchors.” This bulletin examines the robustness of the current “fiscal anchor” to reduce the debt-to-GDP ratio by the government’s first mandate. The 2016 federal budget ...