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Trudeau government fuels economic uncertainty
The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.” ...
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Trudeau vs. Biden—transparency and budget honesty
Nearly 60 per cent of the Liberal infrastructure spending was on “green” and “social” projects. ...
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Getting political responsibility right in times of crises
More often than not, politicians are given too much credit for both economic expansions (i.e. prosperity) as well as recessions. That’s not to say that policies don’t matter because they do. But the idea that a politician or government ...
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Trudeau government rejects almost every principle of historic 1995 Liberal budget
Appeared in the Winnipeg Free Press, March 6, 2020 If recent history is any guide, the Trudeau government will table its next federal budget sometime next month. Last month, however, marked the 25th anniversary of the 1995 budget, the most important and ...
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Budget 2019 underscores Trudeau government’s economic delusion
Appeared in the Vancouver Province, March 27, 2019 Over the past three-and-half years, this federal government has continued to claim that its fiscal policies have spurred economic growth. Last week’s federal budget continued that trend. The reality, ...
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Federal finances vulnerable to economic slowdown due to deficits
Upon assuming power, the Trudeau government immediately increased budgeted federal program spending by $8.1 billion over 2015-16 to 2019-20. ...
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Federal Deficits and Recession: What Could Happen
There are serious financial risks associated with running deficits during times of positive economic growth. One of the principal risks is that the budget cannot be balanced regardless of economic conditions because a permanent imbalance between how much ...
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Sensational headlines about economic growth breed complacency
Appeared in the Financial Post, September 7, 2017 Given the sensational media headlines hyping Canada’s recent economic growth, it’s hard to blame Canadians for being complacent. “Canada's economy steamrolls ahead—4.5% annualized rate of expansion” ...
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Morneau wrong about Canada’s economy and competitiveness
Appeared in the Financial Post, April 13, 2017 Canada’s anemic economic growth should be of the upmost concern to Canadian policymakers. In 2016, the economy had one of its most difficult years, with growth at a mere 1.3 per cent. Looking forward, it ...
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Innovators needed for an innovative Canada
Appeared in the New Brunswick Telegraph-Journal, March 29, 2017 One of the pillars of the federal government’s laudable focus on improving the economy, particularly for middle-class Canadians, is an emphasis on innovation and entrepreneurship. Indeed, it ...