Budget 2016 reveals decision-making preferences of new Liberal government

Trudeau's first budget fails to make the hard choices necessary to pay for services

Budget 2016 reveals decision-making preferences of new Liberal governmentBy Charles Lammam and Milagros Palacios The Fraser Institute The difference between campaigning and governing is that the latter means making difficult decisions. The new Liberal government's first budget shows that they are not yet prepared to make those trade-offs. Much of the new budget shows an unwillingness to face difficult decision-making about how best…

A feel-good federal budget that fails to spark economic growth

The Liberals embrace a $30-billion deficit without making jobs a priority

A feel-good federal budget that fails to spark economic growthThe new Liberal government’s first federal budget contains few surprises – except, of course, in how far it has strayed from election campaign promises. In recent weeks, Prime Minister Justin Trudeau’s government has said more than enough to let us know what was to come in the budget. The surprise? Compare Tuesday’s budget numbers to…

Don’t think top talent responds to higher tax rates?

The evidence suggests higher rates influence where people work and live

Don’t think top talent responds to higher tax rates?By Charles Lammam and Hugh MacIntyre The Fraser Institute In debates about taxes, some scoff at the idea that people actually respond to higher rates by changing their behaviour. This is despite the mountains of economic research showing higher marginal tax rates reduce the incentives for individuals to work hard, expand their skills, invest, and…

Are the Trudeau Liberals fiscally responsible?

When it comes to fiscal responsibility, Trudeau is all words and absolutely no action

Are the Trudeau Liberals fiscally responsible?What does fiscal responsibility mean to Prime Minister Justin Trudeau? Honestly, I don’t have the foggiest idea. Trudeau recently told Bloomberg TV, “One of the things that’s really important to me is fiscal responsibility. You don’t have to make a choice between being fiscally responsible or making investment, but you have to be making investments…

Trudeau should learn from Chretien and Martin

The Chretien Liberals showed that smaller, smarter government, competitive taxes, and less debt is the foundation for a prosperous economy

Trudeau should learn from Chretien and MartinBy Niels Veldhuis and Jason Clemens The Fraser Institute As Prime Minister Justin Trudeau delivers his first budget next week, one that reportedly contains a deficit in excess of $30 billion, his government may want to consider the lessons learned by former Prime Minister Jean Chretien and then-finance minister Paul Martin. Back in the early…

Federal budget looming, and Canadian economy faces troubled waters

Unfortunately, government policies are only making matters worse

Federal budget looming, and Canadian economy faces troubled watersAs the federal budget nears, there’s no question the Canadian economy is not firing on all cylinders. The global economic slowdown coupled with depressed commodity prices is posing real challenges for the Great White North. Unfortunately, government policies are making the economy’s troubled waters even rougher. For instance, media reports suggest the Trudeau government’s first…

Prepare government budgets from a future cost perspective

Weigh public spending on today's programs against how much those programs will cost Canadians in the longer term

Prepare government budgets from a future cost perspectivePersonal budgeting isn't fun. If you spend more than you make over the long haul, it will be your downfall. But do the same rules apply to government budgets? How should we judge a provincial or federal budget? Government budget items must be measured on their benefits to the individual. What we think about each item depends on…

Federal budget will advance First Nations communities

The budget delivers on some of First Nations’ most deeply held political and economic desires

Federal budget will advance First Nations communitiesWhile the recent federal budget did not offer many benefits to Aboriginal peoples, there is some money that will advance First Nations communities. Much of the money in the budget earmarked for Indigenous peoples was simply a continuation of funds promised in previous budgets. The budget invests in First Nations communities that are entering the…
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