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Deficits for 50 years—a plan fraught with risks and consequences
The Trudeau government plans to implement new spending programs including national childcare and pharmacare. ...
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Federal finances vulnerable to economic slowdown due to deficits
Upon assuming power, the Trudeau government immediately increased budgeted federal program spending by $8.1 billion over 2015-16 to 2019-20. ...
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Moving targets, routine deficits, and Canada’s short-lived federal ‘fiscal anchor’
Appeared in the Financial Post, February 25, 2016 During last fall’s federal election, the Liberals campaigned on a commitment to run budget deficits for its first three years, while promising that the size of those deficits would be capped at $10 billion ...