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No mistaking it now—the federal government has no interest in balancing the budget
If there were any lingering doubts about the federal government’s commitment to balance the budget in the near term or next year as they originally promised, they should be put to rest with the release of the fall economic update on ...
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Trudeau government's economic update does little to improve Canadian competitiveness
Appeared in the Financial Post, November 22, 2018 Federal Finance Minister Bill Morneau (pictured above) unveiled the Trudeau government’s economic update on Wednesday, which it had signaled would include measures to address Canada’s lack of ...
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Federal government doesn’t seem to recognize the hole it’s digging
If you were already worried about the Trudeau government’s persistent increases in government spending and debt, then today’s Fall Fiscal Update will only compound your concerns. But for those not already anxious about the state of ...
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Canada has fallen asleep and must wake up—fast
Appeared in the National Newswatch, November 19, 2018 In the classic Aesop's Fable, a slow-moving tortoise challenges a self-assured hare to a race. Immediately, the hare jumps out in front and becomes overconfident. He naps halfway through the race ...
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Trudeau government employs spend it if you have it (and more) fiscal policy
Federal program spending will reach a projected $321.5 billion next year—up 22.2 per cent since 2015. ...
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Contrary to what the finance minister says, federal finances are vulnerable
According to recent estimates, the government won’t achieve a balanced budget until 2045. ...
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Canadian competitiveness and U.S. tax reform
Tax reforms effectively reduced the U.S. business tax rate by 34 per cent. ...
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Ottawa must act to help restore Canadian competiveness
Appeared in the Winnipeg Sun, October 29, 2018 As the fall economic update from the Trudeau government quickly approaches, there’s increasing anxiousness with respect to what, if any, measures the government will introduce to improve competitiveness, ...
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Two fiscal freight trains hurling toward Ottawa
The annual deficit from a recession could increase from its current level of $19 billion to almost $50 billion. ...