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  1. Calls for ever higher federal transfers disconnected from economic reality

    Provincial transfers represented about 21 per cent of federal spending, up from 13 per cent in 1997. ...

  2. Despite spending hundreds of billions during COVID, we seem to have little to show for it

    As the pandemic moves into 2021, it’s important to reflect on how Canada is dealing with its impact. After a summer that included a semblance of normality, the fall and winter have brought a resurgence that’s taxing our ability to cope. ...

  3. Spend first, ask questions later—not sustainable fiscal policy

    During the first six months of the pandemic, with the effects of the lockdown hitting the economy, government revenues collapsed. Spending increased to provide quick support and relief, producing a federal deficit that reached 15 per cent ...

  4. Freeland takes over during massive federal spending spree

    It’s out with the old and in with the new in Ottawa as Chrystia Freeland replaces Bill Morneau as federal finance minister. Freeland takes over during a dramatic time in Canadian history, so it’s worth reviewing the history of federal ...

  5. COVID underscores problems with government intervention

    Appeared in the Vancouver Province, August 5, 2020 Some economists justify government intervention by citing “market failure”—that is, the failure of the free market and price system to allocate resources efficiently. In other words, under certain ...