The economics of the possible and beyond
Last week, I wrote a short piece for Ricochet on the kind of simple but serious economic thinking missing from the Canadian election debate so far. Here, I want to…
balanced budget
Budget 2015: A tale of austerity past, present and future
Cross-posted from my blog. I’ve been banging the drum of “slow-motion austerity” for a while and little in the 2015 federal budget suggests any change from the pattern of death…
Budget 2015: A tale of austerity past, present and future
I’ve been banging the drum of “slow-motion austerity” for a while and little in the 2015 federal budget suggests any change from the pattern of death by a thousand cuts.…
Flaherty’s (mis)Adventures In Balanced Budget Land
Flaherty is expected to deliver an “optimistic” fiscal update report today, which will show the government tracking to achieve a “balanced budget” by 2015. Unlike last year’s update which went…
Full Text Of Throne Speech, Delivered By Gov. General David Johnston
Here is the full text of the throne speech, delivered by Governor General David Johnston in Parliament on Wednesday, October 16, 2013. The post Full Text Of Throne Speech, Delivered…
Some Thoughts on the BC Budget
Five months ago, I predicted that the Liberal government of British Columbia would fail in its effort to balance the 2013 budget. Notwithstanding this week’s boastful headlines to the contrary,…
Bite the Bullet, Redford
You know that State of the Province address that Ms. Allison Redford made tonight? About the “bitumen bubble”? A party and a government can only be coy for so…
The Folly of Balanced Budget Laws in BC
The news is out. Due to declining natural gas prices, the BC Liberal government is projecting a budget deficit of $1.14 billion this year — $173 million more than expected.…