The simple fact is that governments piling up debt and deficits in the name of “stimulus” has huge long-term costs for little to no short-term benefit – with the main beneficiaries being the politicians trawling for votes
Storm clouds are forming over Canada’s economy. Largely in part to a dramatic drop in world oil prices, Canada’s economy shrank during the first half of 2015. The drop was small – approximately 0.5 per cent – but a drop nonetheless. And with a federal election call possibly imminent, politicians are naturally looking for ways to convince the voting public that they are “taking action” to “boost” Canada’s economy.
