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1. Throne speech brings bigger government, more fiscal challenges

   In today’s throne speech, the Trudeau government announced substantial new spending commitments, marking a new vision for Canada, which includes increasing the size and role of government. Unfortunately, more spending and bigger ...

2. A brief federal budget history—Canada, 1867-2017

   Appeared in the New Brunswick Telegraph-Journal, March 13, 2017 The upcoming federal budget comes in Canada’s 150th year—an important milestone for what is perhaps the most successful country in the world. The evolution of federal finances since 1867 ...

3. A Federal Fiscal History: Canada, 1867-2017

   The Canadian federation’s 150th anniversary is an important milestone for a country that has become one of the most successful countries in the world. Canada’s economic evolution from a rural agricultural nation to a modern, highly urbanized, service ...

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 ...