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1. 2018 budget—another nail in the coffin of Trudeau’s balanced budget promise

   While campaigning for the 2015 election, then-candidate Justin Trudeau made a commitment to Canadians, pledging three years of modest budget deficits of no more than $10 billion, with a balanced budget by the end of his first mandate in ...

2. Federal budget an opportunity for Ottawa to change big spending ways

   Since coming into office, Prime Minister Justin Trudeau’s government has markedly increased spending, contributing to larger-than-promised budget deficits with no end in sight. Next week’s federal budget is an opportunity to change ...

3. Ten year-end facts Canadians need to know

   As we end 2017, here are 10 year-end facts Canadians should understand and consider as we enter 2018: • The total tax bill for the average Canadian family will exceed $35,000 in 2017, or 42.5 per cent of their income—more than what the ...

4. B.C.’s NDP government will likely raise taxes and increase government spending

   Yesterday, British Columbians finally found out who will govern the province. The NDP, led by John Horgan (pictured above) and supported by the Green Party, was given an opportunity by B.C.’s lieutenant-governor to form government. Which ...

5. 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 ...

6. Federal Budget 2017 projects $28.5 billion deficit

   With its largely status quo 2017 budget, the federal government has essentially decided not to decide until President Trump decides. And that leaves taxpayers, entrepreneurs and businesses guessing about what Canada’s economic policies ...

7. Budget season—Alberta and Ottawa must revert back to proven fiscal policies

   Budget season in Canada is now in full swing as governments unveil their tax and spending plans for the coming year and beyond. Two upcoming budgets deserve special attention: Alberta’s (March 16) and the federal government’s (March 22), ...

8. Spending cuts impose less economic damage than tax hikes

   Among Ottawa and the 10 provinces, eight governments are currently in deficit, spending more than the revenues they collect. As Canadian governments seek to eliminate their budget deficits, they should take note of a new study by a group ...

9. 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 ...

10. Canada’s disappointing second quarter economic performance spotlights need for proven policies

    Statistics Canada released some disappointing data yesterday on the performance of the Canadian economy. According to the agency, the country’s gross domestic product (GDP), which is the value of all the goods and services produced in ...