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Morneau seems uninterested in perilous state of federal finances
Appeared in the Winnipeg Free Press, January 26, 2020 It’s hard to recall a time when Canada’s finances were so perilously close to rapidly deteriorating with seemingly little or no interest in Ottawa. Finance Minister Bill Morneau has been making the ...
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Ottawa and the provinces have a big debt problem
Appeared in the Globe and Mail, January 16, 2020 Governments across Canada will soon unveil their tax and spending plans in their 2020 budgets. This year’s budget season provides an opportunity for the federal and provincial governments to reverse the ...
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The Growing Debt Burden for Canadians
Budget deficits and increasing debt have become serious fiscal challenges facing the federal and many provincial governments today. Since 2007/08, combined federal and provincial nominal net debt has grown from $837.0 billion to a projected $1.5 ...
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Trudeau activist government produces red ink and alienation
As the dust settles from the federal election —which further exacerbated western frustration, if not outright separatist sentiments—it’s worth considering the policy ebbs and flows of the Liberal Party under Pierre Trudeau and his son ...
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Canadians will pay for Trudeau government’s red ink
Appeared in the Toronto Sun, November 20, 2019 Less than a month since the federal election, the latest projections from the Parliamentary Budget Office (PBO) already suggest Canadians can expect larger federal deficits than previously estimated. The ...
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Candidates ignore federal budget on campaign trail
Appeared in the Ottawa Sun, September 29, 2019 Unless you’ve been living underground, you’ve already heard plenty from party leaders this federal election, which is less than two weeks old. And yet, we’ve heard almost nothing from the Liberals, ...
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Trudeau government spending has increased risk of trouble if recession hits
Appeared in the National Post, August 20, 2019 There are increasing signs of a U.S. recession in the near future, which would inevitably affect Canada’s economy. The U.S. stock market continues to show increased volatility with an 800-point decline ...
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Ottawa’s appetite for spending continues to grow
Appeared in the Vancouver Province, August 16, 2019 With seemingly little regard for the consequences, the Trudeau government has increased spending throughout its mandate with no sign of change any time soon. This spending trend has been a stark ...
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Federal Deficits Then and Now: Is Canada Repeating the Fiscal Mistakes of 1965 to 1995?
From 1965 to 1995, the Canadian federal government repeatedly ran deficits, accumulating debt, a habit that culminated in the near crisis of the mid-1990s. After a period of reform beginning in 1995, Canada returned to deficits in 2008/09. While ...
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Examining Federal Debt in Canada by Prime Ministers Since Confederation, 2019
Canada’s 23 prime ministers have each left a legacy, and each of those legacies has an effect on all Canadians. One element critical to an analysis of each prime minister is whether he or she left the federal government more or less indebted than ...