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Morneau's Trans Mountain pipeline promise creates a dangerous precedent
After weeks of anticipation, federal Finance Minister Bill Morneau (pictured above) today announced that—in light of the uncertainty over the $7.4 billion Trans Mountain pipeline expansion project—the federal government will compensate ...
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State of federal finances worse than previously thought
The latest federal budget showed that public finances are in poor shape and Ottawa is ill-prepared for a possible economic recession. But a recent Parliamentary Budget Office report suggests the situation may be worse than the government ...
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Trudeau government 0-for-3 for budgets that improve fundamentals for growing the economy
With the Trudeau government tabling its third budget, the script has become familiar. Each budget the government loudly proclaims platitudes about growing the economy and helping the middle class. In reality, there’s no magic lever to ...
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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 ...
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Provincial and local governments should make infrastructure decisions, not Ottawa
Last week, and as part of Ottawa’s multi-billion infrastructure spending plan, Amarjeet Sohi, federal minister of infrastructure and communities, wrote letters to his ministerial counterparts in each province and territory laying out ...
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Ottawa spends $23 billion each year on innovation and skills training—with little sense of success
The federal government is not properly measuring the effectiveness of 90 per cent of its spending on innovation and skills training. ...
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Too many analyses misrepresent capital gains income and taxes
As the federal budget quickly approaches and rumours regarding a likely increase in capital gains taxes intensify, it’s worthwhile to consider how many of the analyses calling for higher capital gains taxes confuse capital gains income ...