Is there any reason to believe this government will adopt budget prudence now, when it has shown no inclination to do so in the past?
Vancouver Sun Informed Opinion
Finance Minister Chrystia Freeland says her spring budget will focus on health care and the Liberals’ inevitable green fixation, but that she recognizes “there is a lot of uncertainty in the world,” and that, “If there’s less fiscal room, you can do less,” and “that means we do need to continue to take a fiscally prudent approach.”
that barely contains their laughter at the idea that Prime Minister Justin Trudeau’s government has ever been prudent.Article content Using government figures, they conclude there is “a high risk that the government will not be able to deliver the services it promised Canadians in Budget 2022” at the spending levels promised by Freeland. Instead, a more “realistic” scenario suggests $60 billion or more in additional spending would be needed, meaning greater interest costs, more borrowing and a worsening debt situation.
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