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1. The key fiscal lesson of Canada’s first 150 years—spend prudently

   As 2017 draws to a close, Canadians can reflect not only on the outcomes of the last year, but in this milestone 150th year of the federation, also where we are headed. What shall Canada’s economic achievements be as the next 50 years ...

2. Federal Budget 2017 projects $28.5 billion deficit

   With its largely status quo 2017 budget, the federal government has essentially decided not to decide until President Trump decides. And that leaves taxpayers, entrepreneurs and businesses guessing about what Canada’s economic policies ...

3. Chrétien Consensus begins in Saskatchewan under the NDP

   This is the first of several blog posts based on the recently released book the End of the Chrétien Consensus?, which chronicles the emergence and success of the policies of this era as well as the move away from these policies over the ...

4. Today’s federal fiscal update—that '70s show

   Patterns recur in the course of human events. In the case of federal government finances, with today’s federal fiscal update we are about to embark on a path with parallels to the 1970s. The ’70s represent a structural break in Canadian ...

5. Budget 2016—Liberals high on pro-growth rhetoric, low on pro-growth policies

   Heading into their first budget, the Trudeau Liberals talked a lot about setting the foundations for long-term economic growth. In fact, the need for pro-growth policies was a central theme of the party’s election platform. And the ...

6. Troubled waters—Deficit spending and growing government debt in Canada

   The new federal Liberal government will table its first budget next week, with media reports suggesting Trudeau's government will post a $30 billion deficit—triple the amount promised in the Liberals election platform. This deficit ...

7. As the federal budget looms, the government’s credibility remains questionable

   The federal budget on March 22 will be a keenly watched document for a variety of reasons. One can expect a ramping up of government spending based on the promises made in the Liberal election program for new initiatives in areas like ...

8. Canada’s federal budget: the risks of deficit spending

   Since being elected last October, Justin Trudeau’s Liberal government has seen the federal budget balance deteriorate markedly. The exact numbers won’t be unveiled until the budget is tabled, which is expected sometime in late March, but ...

9. Deficits in good times lead to trouble in bad times

   Repeated studies have shown that the tax hike on upper-earners likely will not raise the planned amount of revenue. ...