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Trudeau’s record-high spending hasn’t translated into strong economic growth
During the Trudeau period, business investment actually declined by 0.2 per cent. ...
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Throne speech brings bigger government, more fiscal challenges
In today’s throne speech, the Trudeau government announced substantial new spending commitments, marking a new vision for Canada, which includes increasing the size and role of government. Unfortunately, more spending and bigger ...
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Trudeau floats false rhetoric on ‘new’ taxes
Appeared in National Newswatch, September 3, 2020 Despite promising significant increases to already historically high spending, Prime Minister Trudeau recently pledged there will be no new taxes. This rhetoric is simply false. To pay for today’s spending ...
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Any credible plan to fix federal finances must address pre-COVID spending
Indigenous and Northern Affairs represented the largest share of federal program spending growth. ...
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COVID-19 isn’t the only reason for our mega-deficit
Appeared in the Financial Post, July 8, 2020 Today, the Trudeau government presents a “snapshot” of federal finances that’s likely to blame this year’s historic federal deficit on COVID-19 and the recession. But that’s only part of the story. The federal ...
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Salaries and benefits often account for more than half of all provincial government spending
Even before the recession, the federal government and several provinces were facing significant budget deficits. Now due to COVID-19, the estimated federal deficit will eclipse $250 billion this year while the provincial deficits combined ...
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Trudeau sets another record—and not in a good way
Appeared in the Toronto Sun, February 5, 2020 Prime Minister Justin Trudeau has set another record—increasing the federal debt (per person) more than any other prime minister (not facing a world war or recession) since 1870. He earlier set a spending ...
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Examining Federal Debt in Canada by Prime Ministers Since Confederation, 2020
Canada’s 23 prime ministers have each left a legacy, and each of those legacies has an effect on all Canadians. One element critical to an analysis of each prime minister is whether he or she left the federal government more or less indebted than ...
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Federal spending reaches highest level in Canadian history
Appeared in the Financial Post, January 15, 2020 Sound fiscal policy is crucial for a healthy economy. A key component of sound policy is the appropriate size and role of government (i.e. government spending and regulations). Higher spending comes at the ...
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More bad news for federal finances—even worse if recession hits
Appeared in the Brandon Sun, January 10, 2020 Before Christmas, the Trudeau government released its Economic and Fiscal Update, which demonstrated this government’s proclivity for marked increases in deficit-financed spending despite warning signs of a ...