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1. Federal government doesn’t seem to recognize the hole it’s digging

   If you were already worried about the Trudeau government’s persistent increases in government spending and debt, then today’s Fall Fiscal Update will only compound your concerns. But for those not already anxious about the state of ...

2. Federal fiscal update—Canadians shouldn’t pop the champagne on economic growth

   When unveiling today’s federal fiscal update, Finance Minister Bill Morneau (pictured above, with the prime minister) touted higher than expected economic growth for 2017 as a success story for the Trudeau government. As he told the ...

3. William Watson: What’s new should be what’s news in a fiscal update

   When journalists are locked up for a budget or fiscal update—I know, I know, we should just leave them there. When they are off in isolation the two or three hours they’re electronically out of touch is enough time to at least thumb ...

4. Fiscal update—feds five-year cumulative deficit $32 billion higher than initially planned

   In the spring of this year, the federal Liberals released their first budget, which centred on big increases in government spending, persistent deficits, growing debt and higher taxes. At the time, we warned that a fundamental problem ...

5. 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 ...