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  1. 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. ...

  2. 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. ...

  3. 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. ...

  4. Government debt and the next recession

    Appeared in the New Brunswick Telegraph-Journal, October 25, 2018 News from Canada’s fiscal front is not good. Government deficit and debt numbers are rising due to accounting changes made to better reflect the true nature of government liabilities. ...

  5. Prime Minister Trudeau on track to set record for increasing federal debt

    Appeared in the Saskatoon StarPhoenix, October 26, 2017 Sometimes it takes years, if not decades, for a prime minister’s legacy to fully take shape. Other times it happens in much shorter order. Just two years into his first mandate, Prime Minister Justin ...

  6. An Analysis of Federal Debt in Canada by Prime Ministers Since Confederation

    Over Canada’s 150-year history, prime ministers have, in various ways, helped shape the country, often leaving a legacy that affects Canadians to this day. A key aspect to any prime minister’s legacy is whether they left the federal government ...

  7. Canada’s Past Fiscal Leaders Are Now Fiscal Laggards: An Analysis of 2017 Provincial Budgets

    Around the turn of the 21st century, Alberta and Ontario could both boast of having comparatively sound public finances relative to most other provinces. In recent years, however, serious fiscal problems have emerged in both provinces. Alberta and Ontario ...

  8. Concerns over household debt in Canada are overblown

    Appeared in the Financial Post, July 18, 2017 With headlines like "Canadian household debt levels hit a record high" and dire warnings from top policymakers such as Bank of Canada governor Stephen Poloz, many Canadians may think household debt ...

  9. Household Debt and Government Debt in Canada

    Canadians are regularly inundated with news stories about policy concerns over household debt. These concerns, however, can be seen to be overblown once we properly account for the other side of the balance sheet. Canadian households have taken on more ...

  10. To deal with Trump, Trudeau should look to Chrétien

    Appeared in the Huffington Post, June 5, 2017 Prime Minister Justin Trudeau’s father once famously compared living next to the U.S. to sleeping with an elephant—a twitch or a grunt south of the border can have big consequences for Canada. Well, President ...