The Canadian federal budget arrived with the usual thud. It seems they just can’t help themselves.
A number of commentators have already complained that instead of a brief, dry, factual explanation of the current government balance sheet and the ministry’s unrealistic expectations for it, it contains hundreds of pages of soothing bumf about good intentions and projections whose relevance is as suspect as their accuracy. Which has been the case for decades because everything is now a campaign speech. So let me quickly endorse that complaint, then move on.-- More...