Morneau says PMO consumed with short-term politicking, longer-term growth prospects not a priority
But the recent report on Canada’s fiscal outlook, quarterbacked by former Bank of Canada governor David Dodge, underlines the serious challenges we face. It assumes a potential growth rate of 1.8 per cent through the 2020s, too low to deliver the kind of country we want, writes David Crane.
‘Targeted’ budget requires aggressive lobbying campaigns to be heard, say lobbyists
The federal government’s 2023 budget may prioritize pre-existing Liberal commitments, rather than new ones, according to former Liberal staffer Kevin Bosch, now a managing partner with Sandstone Group.
Canada’s population advantage offset by weak productivity
The Office of the Superintendent of Financial Institutions, Canada’s bank regulator, is signalling it’s concerned a prolonged downturn is a distinct possibility, which is currently not a best-case scenario for the Bank of Canada, the Government of Canada, or most bank economists.
Record-breaking lobbying activity in November with discussions about economy and federal budget
A new record for lobbying activity in a November was set last month, with organizations discussing the looming threat of recession and ways to support Canadians.
Canada needs modern payment legislation to drive safe innovation
What’s necessary are legislative reforms that support broader access, while continuing to build and operate payment systems that are safe, secure, and flexible.
Tough times ahead will require new federal tax policies in 2023
It’s time to modernize Canada’s tax rules to address rising corporate profits and tax avoidance.
The appropriate federal fiscal policy? You be the judge
On balance, the government’s choice to risk a rise in inflation to protect the living standards of the most vulnerable and minimize the number of businesses thrown into bankruptcy was the right one.
