Tuesday June 4, 2013 - Ottawa government relations firm Hillwatch today released their paper "Willful Blindness in the Federal Budget-Making Process" which identifies several key blindspots that exist in the creation of Federal budgets that lead to the ongoing accumulation of debt.
This insightful paper cites previous MLI work "Provincial Solvency and Federal Obligations" by Marc Joffre which highlights the dangers Canada is increasingly facing as provinces continue to rack up deficits. If you think that EU style debt crises cannot happen here, don't be so sure until you read Marc Joffre's paper and watch the MLI video "Debtbusters: Who're broke provinces going to call?"
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