debt

Mars 6, 2012 2:00AM

Cut $10-billion now; Flaherty should drop entire departments and programs

On Monday, Finance Minister Jim Flaherty held his traditional pre-budget consultation with a number of private-sector economists, who all appear to be predicting improved growth in the Canadian economy for the coming year. This no doubt comes as welcome news to the Finance Minister, as he prepares to unveil his next budget on March 29.

But the Finance Minister should not be swayed by these optimistic growth projections; he needs to bring in a budget that will take serious aim at balancing the nation's book.

Étiquettes:

federal budget, government spending, program spending, debt, deficit

Novembre 16, 2011 2:00AM

Provinces follow Ottawa's pattern of rosy revenue forecasts and unrealistic spending projections

Niels Veldhuis, Charles Lammam

When Finance Minister Jim Flaherty announced last week that the Conservative government will miss its target for balancing the budget, he confirmed something that should be obvious to all students of recent Canadian economic history: Crossed-finger revenue forecasts and unrealistic spending growth projections are no basis for sound economic policy.

Étiquettes:

government spending, jim flaherty, federal government, federal budget, debt, deficit, program spending

Août 7, 2011 2:00AM

The welfare state was always an illusion

Mark Milke

The latest deals to save American and Greek public financesallowing those countries to put themselves into even deeper debtshould puncture the illusion the welfare state was ever a success. The fact is, it was always built on borrowed time and borrowed money.

Étiquettes:

corporate welfare, government spending, debt, government debt

Février 14, 2007 2:00AM