Canada Budget Watchdog Doubts Carney Can Fulfill Deficit Promise

Carney government needs stronger ‘fiscal anchors’ and greater accountability

From the Fraser Institute By Tegan Hill and Grady Munro Following the recent release of the Carney government’s first budget, Fitch Ratings (one of the big three global credit rating agencies) issued a warning that the “persistent fiscal expansion” outlined in the budget—characterized by high levels of spending, borrowing and debt accumulation—will erode the health of Canada’s finances and could lead to a downgrade in Canada’s credit rating. Her…

Fiscal watchdog accuses Ottawa of exaggerating investment spending

The Parliamentary Budget Officer recommends Ottawa set up an independent expert body to sort out how spending items should be categorized.

A budget that meets the moment

The financial plan tabled on Nov. 4 it is a statement of intent that Canada will compete, build, and lead as a strong, secure, and sovereign nation.

Canada Budget Watchdog Doubts Carney Can Fulfill Deficit Promise

Canada’s budget watchdog is skeptical Prime Minister Mark Carney’s government will fulfill one of its key fiscal pledges.