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Both frontrunning parties muddy their spending plans
The NDP has been the most transparent by clearly stating it would introduce a host of tax hikes. ...
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Interest Cost Risks to Government Budgets
This essay calculates the change in government interest costs and budget balances if interest costs return to their 2019-20 levels. Estimates are calculated for 2021-22 gross debt levels for each of the provinces and the federal government. ...
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Trudeau government fuels economic uncertainty
The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.” ...
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Trudeau government spending large on Canada’s credit card
Federal program spending in 2021/22 is $54.4 billion higher than planned in November 2020. ...
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Trudeau government keeps ‘imagining’ while Canadians suffer the economic consequences
For the 45 research projects approved, almost $100 million had been committed but not necessarily spent. ...
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Comparing pre-recession economic performance—Chrétien vs. Trudeau
Appeared in the Globe and Mail, February 11, 2021 The contrast between the current Trudeau Liberal government and its Liberal predecessor under Jean Chrétien could not be more stark. As the Trudeau government prepares its 2021 budget, which by all ...
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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 ...
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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 ...
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Trudeau government continues to dodge democratic accountability
This government has not released a long-term forecast of spending, taxation and borrowing since 2018. ...
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Canada lags behind most industrialized countries on key economic, fiscal indicators
Appeared in the Financial Post, November 4, 2020 The Trudeau government has generally favoured relative comparisons of its performance (i.e. how we rate versus other countries) rather than historical comparisons. Recent data from the International ...