The Trudeau government was first elected in 2015 based in part on a new approach to government policy, which promised greater prosperity for Canadians based on short-term deficit spending (totaling $25.1 billion over three years), lower taxes for most Canadians (except higher-income earners) and a more active approach to economic development. This new policy direction stood in stark contrast to the consensus of the previous 20 years.
The result has been a marked deterioration of the country’s finances, economic stagnation and a collapse in business investment. If Canada is to restore its fiscal and economic health, Ottawa must enact fundamental policy reform ...
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