How a diminished Department of Finance brings into question Canada's fiscal future - News Summed Up

How a diminished Department of Finance brings into question Canada's fiscal future


Trudeau’s policies have broadly centred around redistribution, with much less regard for tackling difficult economic questions or making efforts to cut unnecessary spending. “The policies of the government in power, and the proclivities of the current prime minister, are not particularly oriented towards the hard work of generating economic growth, and that can make things difficult for the Department of Finance,” Dodge said. Differing policy views between the two has in turn prompted deeper questions about Finance’s role in Ottawa — and uncertainty over who will ensure sound fiscal management in future. But a lack of accountability around those spending measures has raised eyebrows. That was particularly the case when Finance Minister Chrystia Freeland tabled her fiscal update on Nov. 30, where she promised between $70 billion and $100 billion in stimulus spending over three years while declining to detail where a single cent of the funding would go.


Source: National Post December 29, 2020 20:26 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */