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Modern Monetary Theory remains a dangerous policy prescription in Canada and beyond
Many economists warn about ballooning budget deficits and the potential for higher interest rates in the future. ...
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Trudeau government fuels economic uncertainty
The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.” ...
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Trudeau ‘childcare’ plan remains opaque, contradicts other federal policy
The plan calls for $27.2 billion over the next five years to reduce daycare costs. ...
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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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Stimulus spending on infrastructure won’t ‘kickstart’ COVID recovery
Federal debt as a share of the economy will reach roughly 56 per cent, the highest percentage since 1998. ...
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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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Trudeau government must chart credible plan to balance federal budget
Appeared in the Ottawa Sun, January 13, 2021 In the late stages of 2020, Prime Minister Trudeau committed to “absolutely” balance the federal budget—at some point in the future. Of course, a balanced budget would halt the debt accumulation that started ...
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Trudeau government’s approach to federal finances anything but ‘prudent’
Appeared in the National Newswatch, December 2, 2020 Since coming to power in 2015, Prime Minister Trudeau —and his finance ministers —have characterized their management of federal finances as “prudent,” an adjective meaning to act with or show care and ...
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Trudeau government continues to dodge democratic accountability
This government has not released a long-term forecast of spending, taxation and borrowing since 2018. ...
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Canada moving quickly towards U.S.-style ‘spend now, pay later’ government
The Trudeau Liberals initially promised to run deficits for three years to finance spending increases. ...