• Trudeau government’s second budget sees spending slow, but long-term debt and deficits rise •Much-vaunted ‘innovation’ measures largely amount to a repackaging and expansion of corporate welfare
Taxpayers Federation: Morneau’s ‘Feelings’ Budget Kicks the Deficit Can Down the Road
OTTAWA, ON: The Canadian Taxpayers Federation (CTF) today expressed concern about the Trudeau government’s second budget which failed to provide a clear fiscal path to eliminate the deficit, while repackaging existing subsidy programs as “innovation” measures.
“The good news is this budget did not contain larger than expected deficits, like budget 2016 did,” said CTF Federal Director Aaron Wudrick. “The bad news it does nothing to address the massive fiscal hole it created last year, and provides few specifics for its so-called ‘innovation’ agenda.”
