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Showing posts with the label deficit spending

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Understanding the Nature of Canada’s Fiscal and Economic Challenges (Fraser Institute)

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 ... CLICK HERE for the report

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