Ottawa is in a 'vicious circle' of spending due to the pandemic: Philip Cross on BNN Bloomberg
MLI senior fellow Philip Cross appeared on BNN Bloomberg to discuss the testimony of Evan Siddall, the president and CEO of Canada Mortgage...
Canada's debt load is even worse than you think: Jack Mintz in The Financial Post
Add it all up and Canada’s debt burden is $3.2 trillion. That’s 166 per cent of GDP — fully four times the IMF...
Harsh medicine for the federal government’s COVID-19 hangover: Donald Savoie for Inside Policy
The ’90s deficit fighting solution of downloading won’t have the same impact this time. Federal spending and size of government need to be...
All this debt won’t be painless: Jack Mintz in the Financial Post
Countries with highly leveraged households, corporations and public sectors will face financial instability as credit spreads widen and currencies devalue, writes Jack Mintz. ...
Grow to get over our new debt mountain: Jack Mintz in the Financial Post
The focus should be on education, growth-enhancing public infrastructure, moving to balanced budgets, tax and regulatory reform, and better and cheaper delivery of...
A modest proposal on public service pay to help tackle the ballooning deficit: Philip Cross in the Financial Post
A permanent 20% reduction of public service pay seems warranted. Either that or the doubling of pension plan contributions, writes Philip Cross. By...
Expect more broken promises in federal budget as spending grows faster than economy: Jack Mintz in the Financial Post
It was wrong to push up deficits during good times, which now hangs as a massive weight on the Trudeau government’s fiscal neck,...
Soaring debt puts Canada’s sluggish economy at risk: Cross Quarterly Economic Report
OTTAWA, ON (January 29, 2020) As the economy continues to trudge along with persistently slow economic growth, there are worrying signs that Canada’s...
The 2010s were a lost decade of debt: Philip Cross in the National Post
The combination of a decade of slow income growth and mounting debt has left Canada’s economy vulnerable to a shock, writes Philip Cross. ...
Sorry Mr. Trudeau, there's nothing 'progressive' about reckless deficits: Jack Mintz in the Financial Post
Expect the federal government to go on a spending binge, making it much more difficult to keep debt as a share of GDP...
