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1. Interest Cost Risks to Government Budgets

   This essay calculates the change in government interest costs and budget balances if interest costs return to their 2019-20 levels. Estimates are calculated for 2021-22 gross debt levels for each of the provinces and the federal government. ...

2. Trudeau government fuels economic uncertainty

   The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.” ...

3. To fulfill Trudeau’s latest fiscal promise, spring budget must chart path to budget balance

   Prime Minister Trudeau’s end-of-year comments, where he committed to “absolutely” returning to a balanced budget post-COVID, will continue to ring hollow unless the spring budget includes decisive action. The pre-Christmas statement to ...

4. Making sense of Canada’s $381.6 billion federal budget deficit

   The Trudeau government this week published its fall fiscal update for 2020. The headline-grabbing number emerging from the report was the government’s forecasted budget deficit for the year—$381.6 billion. As is often the case when it ...

5. 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 ...

6. Trudeau government continues to dodge democratic accountability

   This government has not released a long-term forecast of spending, taxation and borrowing since 2018. ...

7. Trudeau government should provide fiscal projections to Canadians

   The CERB is now estimated to cost $61.1 billion compared to the original estimate of $40.6 billion. ...

8. The Budget That Changed Canada: Essays on the 25th Anniversary of the 1995 Budget

   February 28th, 2020, is the 25th anniversary of one of the most important federal budgets in Canada’s history. It took decisive steps to finally solve a problem of runaway deficits and debt that had begun in the late 1960s and grown worse, almost without ...