VANCOUVER--Prime Minister Justin Trudeau, Ontario Premier Kathleen Wynne and Alberta Premier Rachel Notley are rejecting the policies of previous Liberal and NDP governments that delivered economic benefits through balanced budgets, controlled government spending, and competitive taxes, finds a new book released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
"During the 1990s and early 2000s, there was consensus among governments of all parties across Canada that balancing budgets, paying down debt, lowering taxes and smaller, smarter government was the best way to grow the economy, and it worked," said Jason Clemens, executive vice-president of the Fraser Institute and co-author of End of the Chrétien Consensus?.