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  1. 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 ...

  2. Federal infrastructure spending—a mess of delays and misguided priorities

    Appeared in the Globe and Mail, April 27, 2018 In 2015, the Trudeau government came into office on the promise of running small annual budget deficits of no more than $10 billion for three years to finance new spending on infrastructure projects that ...

  3. 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 ...

  4. Federal budget turns a blind eye, ignores Canada's economic challenges

    Appeared in the Financial Post, February 28, 2018 In the midst of serious concerns over Canada’s economic prospects, and challenges emerging from the United States, Finance Minister Bill Morneau’s 2018 federal budget does nothing to address these problems ...

  5. 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 ...

  6. Trudeau government can keep campaign promise with relatively small spending cut

    Appeared in the Globe and Mail, February 23, 2018 During the 2015 federal election campaign, Prime Minister Justin Trudeau promised that his government would run modest budget deficits—no more than $10 billion annually—and balance the federal budget by ...

  7. 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 ...

  8. Back on Track: How the Federal Liberals Can Deliver Their Promised Balanced Budget by 2019/20

    Main Conclusions During the 2015 federal election, Justin Trudeau’s Liberals presented a fiscal plan to Canadians that proposed three years of deficit spending of no more than $10 billion annually with a return to a balanced budget by 2019/20. After ...

  9. Ottawa’s ‘innovation budget’ unlikely to spark innovation

    Government-sponsored venture capital initiatives tend to underperform compared to initiatives funded by the private sector. ...

  10. Trudeau government stretches definition of ‘infrastructure’ too far

    Appeared in the Ottawa Sun, April 2, 2017 The 2017 federal budget revealed new details on the Trudeau government’s nearly $100 billion infrastructure spending plan. Canadians should know that, contrary to the government’s rhetoric, much of this spending ...