As Canada emerges from the pandemic, creating jobs and achieving full employment are top priorities. Relegated to the back burner are balanced budgets and reducing debt.
The pace of federal government action to date does not align with the urgency of the twin climate and inequality crises. The latest fiscal update doesn’t go far enough on either crisis.
Canadian governments are failing to treat future citizens fairly by saddling them with huge debt. What policies should Canadian governments enact that offer greater fairness to future generations?
While those on the left, right and middle worry about the federal deficit, the real world that we live in is in trouble. The fiscal prudes are fretting about the wrong issues.
The speech from the throne is just around the corner. Will the Liberal government make broad and much-needed economic and social change amid the pandemic, or will it give in to the wealthy again?
Congress is spending trillions of dollars trying to rescue the US economy and support workers and businesses. Can America afford it? ‘No sweat,’ according to modern monetary theory.
Canada’s federal deficit has ballooned as Ottawa spends billions in response to the coronavirus pandemic. An economist explains why the massive spending will not harm Canadians in the future.
Critics complain that government debt saddles future generations with a financial burden. The critics are wrong.