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  1. To avoid fiscal crisis, Trudeau government must learn from history

    Canada’s near-debt crisis in the early 1990s showed what happens when governments ignore and continually defer meaningful action to address ongoing fiscal problems—namely, excessive spending, deficits and debt. Worryingly, the Trudeau ...

  2. History is clear—the Trudeau government needs to change direction

    Appeared in the Financial Post, July 31, 2020 The Trudeau Liberals were elected in 2015 promising a new direction in fiscal policy. Their 2015 platform stated that: “Canada’s economy has faltered… It is time for smart, strategic investments that will turn ...

  3. Blog series part 2—Incomes, overall income economy grew more slowly under Liberals than before 2008-09 recession

    In the first part of this blog series, we outlined the Trudeau government’s tax and spending policies. In this second part of the series, we look at the results of these policies and their effects on Canadians and the overall economy. The ...

  4. Blog series part 1—Trudeau government produced string of deficits, raised taxes on middle class

    The Trudeau Liberals were elected in 2015 promising a new direction in tax, spending and borrowing policies from the previous 20 years. For instance, in their 2015 platform, the Liberals stated that: “Canada’s economy has faltered, and ...

  5. Young people living with their parents could receive $11.8 billion from CERB

    Appeared in the National Post, July 16, 2020 Prudent use of public finances should always be a top priority for any government. With the federal budget deficit now projected to reach almost $350 billion, Ottawa should apply additional prudence to new and ...

  6. Distribution of CERB: Estimating the Number of Eligible Young People Living with Parents

    The Canada Emergency Response Benefit (CERB) is a flat, taxable $2,000 monthly benefit provided to eligible Canadians. The initial 16-week program was estimated to cost $53.4 billion after cost recoveries from taxation. The program was recently ...

  7. Trudeau government’s fiscal ‘snapshot’ doubles down on uncertainty

    Appeared in the Vancouver Sun, July 10, 2020 According to the Oxford Dictionary, a snapshot is “a short description that gives you an idea of what something is like.” When the Trudeau government delivered its Economic and Fiscal Snapshot 2020 on Wednesday ...

  8. COVID-19 isn’t the only reason for our mega-deficit

    Appeared in the Financial Post, July 8, 2020 Today, the Trudeau government presents a “snapshot” of federal finances that’s likely to blame this year’s historic federal deficit on COVID-19 and the recession. But that’s only part of the story. The federal ...

  9. Canada’s Rising Personal Tax Rates and Falling Tax Competitiveness, 2020

    In December 2015, Canada’s new Liberal government introduced changes to Canada’s personal income tax system. Among the changes for the 2016 tax year, the federal government added a new income tax bracket, raising the top tax rate from 29 to 33 percent on ...

  10. Explaining the Growth in Federal Program Spending since 2015

    In 2019, federal program spending reached $322.9 billion, an increase of $69.1 billion or 27.2% (nominal) since 2015. After adjusting for inflation, the increase in program spending is still sizeable at $50.2 billion or 18.4%. The government finances ...