Fiscal Sustainability: Reading the Federal Balance Sheet
Canada’s federal debt-to-GDP ratio remains manageable by international standards, but demographic headwinds and elevated spending commitments are narrowing the fiscal cushion.
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Pharmacare’s Fiscal Arithmetic
Canada is the only country with universal health care that does not cover prescription drugs. The political will to change this exists; the fiscal path is narrower than advocates acknowledge.
Read MoreThe Deficit Hawks Are Back — And This Time They Have a Point
After years of expansionary fiscal policy, the political and economic case for deficit reduction is gathering momentum. Understanding what is legitimate and what is rhetorical matters.
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