Analysis on Bill Morneau’s fiscal and economic update

Philip Cross, a senior fellow with Macdonald-Laurier Institute, compares economic and fiscal updates from the federal government and the Bank of Canada.

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29 comments

  1. Morneau is as brain dead as it comes , matters not to him, he can go live in his French villa while Canadians fight to earn a living

  2. We need to work hard to get our economic independence. having one customer and acting as a pawn to the orders of that customer is going create economical for long time to come.

  3. No surprise – Morneau is a Liberal… Their Style of communication is Deceive, Deflect, Dismiss, Deny, and Deny. He is just another Clown in Justin’s Circus. Elect a Clown(s) you get a Circus!!!!!!!!!!!!!!!!!!!

  4. Yet, economic markets love conservative governments. The Guardian, today (2019 12 16) ։ ʺBOOM! Almost £50bn has been added to the value of Britain’s biggest companies, as the City continues to celebrate Boris Johnson’s election victory. The FTSE 100 index of top blue-chip companies has just closed 165 points higher at 7519 points,ʺ seeing its best day in over three years, and ʺin total, the 350 largest listed companies in London have risen by £49bn today, on top of the £33bn rally on Friday.ʺ

  5. The Liberal government is constantly saying household debt is too high
    and should be payed down. The Liberals have started talking about the deficit as a percentage of GDP, they are trying to confuse everyone and hide the numbers. The Liberals are running a $26 billion deficit this year
    and it’s getting higher every year. Our National debt in 2015 when Trudeau
    and the Liberals took over was $612 billion, our national debt now is
    $768 Billion and climbing fast. That’s an increase of 25 % or $156
    billion in just 4 years, soon we will not be able to pay the interest on
    that debt. What then… Sell Canada to the highest bidder. Has this
    been Trudeau’s plan all along to Bankrupt Canada? Someone should tell
    the Prime Minister that budgets do not balance themselves.

  6. The Liberal government is constantly saying household debt is too high
    and should be payed down. The Liberals have started talking about the deficit as a percentage of GDP, they are trying to confuse everyone and hide the numbers. The Liberals are running a $26 billion deficit this year
    and it’s getting higher every year. Our National debt in 2015 when Trudeau
    and the Liberals took over was $612 billion, our national debt now is
    $768 Billion and climbing fast. That’s an increase of 25 % or $156
    billion in just 4 years, soon we will not be able to pay the interest on
    that debt. What then… Sell Canada to the highest bidder. Has this
    been Trudeau’s plan all along to Bankrupt Canada? Someone should tell
    the Prime Minister that budgets do not balance themselves.

  7. Canada has already been carved up and sold. Canadians are now just being conditioned for thier new masters.

  8. Only a liberal can see something that everyone else says doesn’t exist.
    China’s economy is slowing down. A recession is coming.
    Pure crap that we are prepared.
    It’s coming in 2020.

  9. Gee I didn’t see this happening. You spend like crazy and kill the economic engine of the country, what could possibly go wrong…

  10. There heads are so far up there ars HOLES they can’t see or hear ANYTHING. There all covered in CRAPPPPPP!

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