... new targets play an important role in showing fiscal restraint, the government has argued. Bank of Canada Governor Tiff Macklem called the new guardrails “helpful” to monetary policy.
But the government has systematically disregarded its past fiscal goals, raising doubts about its latest promise, according to a new report from the Business Council of Canada.
“To meet their proposed deficit target they’ll either need much stronger-than-expected economic growth or they have make substantial program cuts ahead of an election" ...CLICK HERE for the full story
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