When It Comes To Fiscal Policy, Japan Is No Role Model


(This column originally appeared on the Huffington Post Blog on May 26th, 2016) Prime Minister Justin Trudeau is in Tokyo this week for a bilateral visit with Japanese Prime Minister Shinzo Abe, as well a G7 leaders summit in nearby Ise-Shima. While increasing trade is a major focus of the Prime Minister’s visit (Japan is Canada’s fifth largest trading partner), Canadians should cross their fingers that Trudeau doesn’t ask his Japanese counterpart for advice on fiscal policy and the virtues of massive infrastructure spending.
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