Federal fiscal anchor gives appearance of prudence, fails to back it up

Federal fiscal anchor gives appearance of prudence, fails to back it up

From the Fraser Institute By Jake Fuss and Grady Munro The Parliamentary Budget Officer (PBO)—which acts as the federal fiscal watchdog—released a new report highlighting concerns with the Carney government’s fiscal plan. Key among these concerns is the fact that the government’s promise to balance its “operating budget” does not actually ensure the nation’s finances are sustainable. Instead, the plan to balance the operating budget by 2028/29 g…