Fiscal Monitor for April – August 2019


The federal government posted a deficit of $3.7 billion in August 2019, compared to a deficit of $2.0 billion August 2018.

Read More

Eliminating the Deficit Won’t be so Easy Mr. Sheer

 

If deficit elimination were so easy, then why haven’t there been more years of balanced budgets or surpluses? In the over fifty years between 1966-67 and 2018-19, the federal budget showed a surplus in only 12 years; in 1969-70 and between 1997-98 and 2007-08. The record in other advanced countries isn’t any better. The fact is, even if you believe very strongly in a balanced budget, the chances of achieving and maintaining them are very low.

Read More

CONSERVATIVE PLATORM MERITS A “C


Mr. Scheer finally released the Conservative platform on Friday afternoon. On the front cover, there should have been pictures of Stephen Harper, Doug Ford, and Jason Kenney. What Mr. Sheer and these three gentlemen have in common is that they hate deficits, no matter what their cause.

Read More

LIBERAL POLICY PLATFORM MERITS A BARE “PASS


Read More

Green Party budget deserves an "F"

 


There is a little over three weeks to go to the election. Given the rush by all parties to get their election promises out, having a short election period may be a good thing. The costs of election promises of all parties are rising rapidly without much concern for their impact on the deficit. Not only should Canadians be concerned by this, but they should start thinking about which of these promises will end up in the “trash can” once a party is elected.

Read More