In Canada, total government spending—more than 40 per cent of GDP—is much higher than empirical evidence shows to be optimal.
Study examines how fiscal policies aimed at reducing government deficits affect the economy.
Reports in advance of Ottawa’s federal fiscal update suggest the deficit may reach $34 billion.
Amazingly, the federal government offers no cost estimates of more than 90 tax expenditures.
Housing markets in Canada’s largest cities are once again the subject of national news, this time because of an increase of the minimum down payments for government-backed mortgages.
Ottawa, where red tape is the thickest, should look across the river to Gatineau, which imposes less of a regulatory burden on building.
Residential development approval timelines in four Capital Region municipalities average one year or longer
If it takes too long to get city hall’s approval for housing developments, the supply of new homes may lag behind demand.
Before we buy boatloads of new infrastructure in Canada, we should ask why current infrastructure is crumbling.