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Achieving Balance, Spurring Growth: A Shadow Federal Budget for 2012

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Author Info

  • Alexandre Laurin

    (C.D. Howe Institute)

  • William B.P. Robson

    (C.D. Howe Institute)

Abstract

Canada 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 Info

Article provided by C.D. Howe Institute in its journal C.D. Howe Institute Commentary.

Volume (Year): (2012)
Issue (Month): 344 (March)
Pages:

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Handle: RePEc:cdh:commen:344

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Related research

Keywords: Canada; Federal Budget 2012; Federal employee compensation; tax base; Crown Corporations;

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References

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  1. Adam Aptowitzer & Benjamin Dachis, 2012. "At the Crossroads: New Ideas for Charity Finance in Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 343, March.
  2. William B.P. Robson, 2012. "Fixing MP Pensions: Parliamentarians Must Lead Canada's Move to Fairer, and Better-Funded Retirements," C.D. Howe Institute Backgrounder, C.D. Howe Institute, C.D. Howe Institute, issue 146, January.
  3. William B.P. Robson, 2012. "What to do About Seniors' Benefits in Canada: the Case for letting Recipients Take Richer Payments Later," e-briefs, C.D. Howe Institute 131, C.D. Howe Institute.
  4. James P. Feehan, 2012. "Newfoundland's Electricity Options: Making the Right Choice Requires and Efficient Pricing Regime," e-briefs, C.D. Howe Institute 129, C.D. Howe Institute.
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Cited by:
  1. 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.
  2. 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.
  3. William B.P. Robson & Alexandre Laurin, 2012. "Federal Employee Pension Reforms: First Steps - on a Much Longer Journey," e-briefs, C.D. Howe Institute 140, C.D. Howe Institute.

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