Achieving Balance, Spurring Growth: A Shadow Federal Budget for 2012
AbstractCanada is in the happy position of being able to address its fiscal challenges not just through eliminating deficits, but also by promoting growth in the economy and the tax base. This report takes a two-pronged approach: first, an accelerated plan to achieve budgetary surplus in three years; and second, a series of low-cost initiatives designed to foster economic growth. On top of the strategic review of direct program spending announced in last year’s federal budget, initiatives in this Shadow Budget can enhance federal cost savings, including: restraining federal employee compensation, rationalizing Canada's tax base and trimming financial assistance to Crown Corporations.
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Bibliographic InfoArticle provided by C.D. Howe Institute in its journal C.D. Howe Institute Commentary.
Volume (Year): (2012)
Issue (Month): 344 (March)
Canada; Federal Budget 2012; Federal employee compensation; tax base; Crown Corporations;
Find related papers by JEL classification:
- H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
- H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
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- William B.P. Robson, 2012. "What to do About Seniors' Benefits in Canada: the Case for letting Recipients Take Richer Payments Later," e-briefs 131, C.D. Howe Institute.
- Ian Irvine & William Sims, 2012. "A Taxing Dilemma: Assessing the Impact of Tax and Price Changes on the Tobacco Market," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 350, May.
- William B.P. Robson & Alexandre Laurin, 2012. "Federal Employee Pension Reforms: First Steps - on a Much Longer Journey," e-briefs 140, C.D. Howe Institute.
- James MacGee, 2012. "The Rise in Consumer Credit and Bankruptcy: Cause for Concern?," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 346, April.
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