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Prime Minister Trudeau on track to set record for increasing federal debt
Appeared in the Saskatoon StarPhoenix, October 26, 2017 Sometimes it takes years, if not decades, for a prime minister’s legacy to fully take shape. Other times it happens in much shorter order. Just two years into his first mandate, Prime Minister Justin ...
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An Analysis of Federal Debt in Canada by Prime Ministers Since Confederation
Over Canada’s 150-year history, prime ministers have, in various ways, helped shape the country, often leaving a legacy that affects Canadians to this day. A key aspect to any prime minister’s legacy is whether they left the federal government ...
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Canada’s Past Fiscal Leaders Are Now Fiscal Laggards: An Analysis of 2017 Provincial Budgets
Around the turn of the 21st century, Alberta and Ontario could both boast of having comparatively sound public finances relative to most other provinces. In recent years, however, serious fiscal problems have emerged in both provinces. Alberta and Ontario ...
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To deal with Trump, Trudeau should look to Chrétien
Appeared in the Huffington Post, June 5, 2017 Prime Minister Justin Trudeau’s father once famously compared living next to the U.S. to sleeping with an elephant—a twitch or a grunt south of the border can have big consequences for Canada. Well, President ...
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Another broken promise—federal government ditches latest fiscal pledge
By 2019/20, Canada’s debt-to-GDP ratio is forecasted to be 31.5 per cent. ...
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Budget 2017 spells end of the Chrétien Consensus?
Under the Trudeau government, deficits continue with no end in sight, debt is growing and taxes have increased. ...
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Federal budget punts major decisions, continues policy of uncertainty
Appeared in the Financial Post, March 23, 2017 Today’s federal budget adds fuel to the growing problem of policy uncertainty hovering over the Canadian economy. It’s essentially status quo. It fails to chart a clear course for taxpayers, entrepreneurs and ...
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Policies from Ottawa harming Canada’s economic prospects
Appeared in the Vancouver Province, March 2, 2017 The Trudeau Liberals campaigned heavily in 2015 on improving the economy, particularly for middle-class Canadians. This is a laudable goal and one with which we agree wholeheartedly. Unfortunately, many of ...
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Federal finances and the irony behind Ottawa’s new ‘stress test’
Appeared in the Financial Post, October 18, 2016 Ottawa recently announced a series of new regulations for the housing market to “protect the long-term financial security of borrowers and all Canadians.” You have to love the irony. While the federal ...
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Slow growth in Canada and the elephant in the room—bad government policy
Appeared in The Huffington Post, October 3, 2016 It seems there’s no shortage of headlines claiming that slow economic growth is the “new normal.” The latest stream came from a recent speech in the United Kingdom by Carolyn Wilkins, senior deputy governor ...