Search

Search results

1. Ottawa’s ballooning debt and deficits should be major campaign issue

   Canada has the fifth-highest level of total government debt among 29 industrialized countries. ...

2. Trudeau rhetoric can’t change Canada’s fiscal reality

   Due to federal tax changes, 61 per cent of low-income families face higher personal income taxes. ...

3. To fulfill Trudeau’s latest fiscal promise, spring budget must chart path to budget balance

   Prime Minister Trudeau’s end-of-year comments, where he committed to “absolutely” returning to a balanced budget post-COVID, will continue to ring hollow unless the spring budget includes decisive action. The pre-Christmas statement to ...

4. Trudeau government shows no interest in properly targeting assistance—despite deficits

   Appeared in National Newswatch, December 3, 2020 Since its election, the Trudeau government has consistently demonstrated its disinterest in targeting spending to those in need and limiting debt accumulation. Despite expected deficits of $381.6 billion ...

5. Trudeau government’s approach to federal finances anything but ‘prudent’

   Appeared in the National Newswatch, December 2, 2020 Since coming to power in 2015, Prime Minister Trudeau —and his finance ministers —have characterized their management of federal finances as “prudent,” an adjective meaning to act with or show care and ...

6. Canada’s spending and deficits higher than comparable countries during pandemic

   Governments around the world have significantly ramped up spending due to the COVID-19 recession. However, recent data from the International Monetary Fund’s semi-annual fiscal monitor reveals that Canada has largely outpaced other ...

7. Trudeau government should heed looming risks to federal finances

   Appeared in the Globe and Mail, October 23, 2020 The federal government along with several prominent economists have downplayed the near-term risks to federal finances. Some have actually characterized Ottawa’s financial position as basically “ sound.” ...

8. COVID-19 isn’t the only reason for our mega-deficit

   Appeared in the Financial Post, July 8, 2020 Today, the Trudeau government presents a “snapshot” of federal finances that’s likely to blame this year’s historic federal deficit on COVID-19 and the recession. But that’s only part of the story. The federal ...

9. Deferring Federal Taxes: Illustrating the Deficit Using the GST

   It is sometimes difficult for everyday Canadians to grasp the size of the federal deficit— estimated at $26.6 billion for 2019-20—because of its sheer size. This bulletin, along with subsequent planned instalments, aims to give Canadians that ...

10. Misinformation clouds reignited debate over guaranteed basic income

    Appeared in the National Post, April 28, 2020 Rahm Emanuel, President Obama’s chief of staff during the financial crisis, famously said “ never allow a good crisis go to waste. ” The idea being that during a crisis, citizens are more open to large changes ...