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1. Pressure mounts to change ‘stabilization’ program and increase payments to Alberta

   Alberta received just $249 million in payments despite a revenue loss of $7.2 billion. ...

2. Despite Alberta pleas, Trudeau government maintains ‘stabilization’ status quo

   The program offset just 3.5 per cent of Alberta’s year-over-year revenue loss. ...

3. Canada’s ‘Fiscal Stabilization’ program—what is it, and is it working well?

   The Trudeau government recently announced reforms to Canada’s contentious Fiscal Stabilization Program (FSP), which delivers payments to provinces that experience a sharp year-over-year decline in revenue. It’s useful to think of the FSP ...

4. Minister McKenna should re-consider plans for stimulus

   Catherine McKenna, our federal minister of infrastructure, recently said the Trudeau government is thinking about stimulus measures and hopes to have a plan in place this fall. Minister McKenna suggested stimulus efforts would focus on ...

5. Stimulus spending will likely harm Canadian economy—not help it

   Appeared in National Newswatch, June 25, 2020 As the federal and provincial governments shift their focus to economic recovery, there will be heightened calls for fiscal stimulus in an attempt to kick-start the economy. However, a new study by the Fraser ...

6. Is Fiscal Stimulus an Effective Policy Response to a Recession? Reviewing the Existing Research

   This report examines existing academic studies that analyze evidence regarding the effectiveness of fiscal stimulus—additional government spending and/or tax relief—as a mechanism to mitigate the impact of a recession and speed up economic ...

7. Canada’s stabilization program overdue for a rethink

   Through Canada’s fiscal stabilization program (FSP), the federal government provides provinces (that experience a sharp downturn in revenue) with payments to help them cope with the shock. The FSP usually gets very little attention from ...