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1. State of federal finances worse than previously thought

   The latest federal budget showed that public finances are in poor shape and Ottawa is ill-prepared for a possible economic recession. But a recent Parliamentary Budget Office report suggests the situation may be worse than the government ...

2. 35-stop shopping—coming soon to a government near you

   If more innovation programs were all we needed to solve our innovation problems, they would have been solved a long time ago. ...

3. Trudeau government 0-for-3 for budgets that improve fundamentals for growing the economy

   With the Trudeau government tabling its third budget, the script has become familiar. Each budget the government loudly proclaims platitudes about growing the economy and helping the middle class. In reality, there’s no magic lever to ...

4. Federal budget an opportunity for Ottawa to change big spending ways

   Since coming into office, Prime Minister Justin Trudeau’s government has markedly increased spending, contributing to larger-than-promised budget deficits with no end in sight. Next week’s federal budget is an opportunity to change ...

5. Too many analyses misrepresent capital gains income and taxes

   As the federal budget quickly approaches and rumours regarding a likely increase in capital gains taxes intensify, it’s worthwhile to consider how many of the analyses calling for higher capital gains taxes confuse capital gains income ...

6. Two federal budgets, one problem—spending

   It’s federal budget season in Canada and the United States, with a common feature—fiscal planning driven by aspirations. Both federal governments plan major expenditure increases designed to promote objectives that, in the end, will ...