Canadians should question whether we’re embarking on another transitional period in history that, like Lester Pearson and Pierre Trudeau’s time in office, will lead to years of deficits and ultimately another debt crisis
For Canada’s 150th, warning signs that current federal deficit spending mirrors history
VANCOUVER—Since Confederation, excluding wartime and recessions, there has only been one period in Canada’s 150 year history when the federal government’s role in the economy—and society more broadly—substantially grew, which in turn plunged the nation into chronic deficits, finds a new study by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
