This year the federal government expects to spend $52.8 billion more than it has in revenues.
government programs
If Prime Minister Trudeau keeps his commitment to no new taxes, borrowing will finance the proposed expansion.
If more innovation programs were all we needed to solve our innovation problems, they would have been solved a long time ago.
The recent federal budget paints a gloomy misleading picture of Canadian society.
President Obama has frequently cited the seemingly intractable debate about the size of government currently consuming the political class as his primary obstacle to getting major reforms through a divided Congress.
For example, in his State of the Union address he said:
In the land of government plenty that vast landscape populated with the tax dollars of Canadians there is no shortage of politicians willing to hand out and defend subsidies to business and no dearth of corporations willing to take the cash.
As anyone who has ever watched puppies tussle over a bone knows, nothing will lead to acrimony quicker than competition for an object everyone wants. Keep the puppy image in mind. Replace it with provincial governments, many of whom now have a stake in the federal transfer program, equalization.
Government is the single most pervasive institution of modern life and its programs are important to our quality of life. While government spending around the world has grown, more and larger government is not always associated with better outcomes.