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1. 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 ...

2. Trudeau government can keep campaign promise with relatively small spending cut

   Appeared in the Globe and Mail, February 23, 2018 During the 2015 federal election campaign, Prime Minister Justin Trudeau promised that his government would run modest budget deficits—no more than $10 billion annually—and balance the federal budget by ...

3. 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 ...

4. Back on Track: How the Federal Liberals Can Deliver Their Promised Balanced Budget by 2019/20

   Main Conclusions During the 2015 federal election, Justin Trudeau’s Liberals presented a fiscal plan to Canadians that proposed three years of deficit spending of no more than $10 billion annually with a return to a balanced budget by 2019/20. After ...

5. Federal budget lacks big picture thinking

     In many ways Tuesday’s federal budget wasn’t all that surprising. Many of the government’s key initiatives were already announced (the so-called “Family Tax Cut” package) or telegraphed as part of the Conservatives 2011 platform (raising the TFSA annual ...

6. Flaherty's deficit delay no surprise

   Appeared in the Financial Post With the release of its economic and fiscal update, the Conservative government finally confirmed it will not meet its 2014-15 target for balancing the budget. No surprise here. For nearly two years, we have repeatedly noted ...