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Out on a Limb: Assessing the Fiscal Sustainability and Effectiveness of the 2009 Federal Budget

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Author Info
Alexandre Laurin (C.D. Howe Institute)
Colin Busby (C.D. Howe Institute)
Benjamin Dachis (C.D. Howe Institute)

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Abstract

The 2009 federal budget proposed a $40 billion economic stimulus package spanning two years and projecting a return to balanced budgets within five. The projected quick recovery of federal finances relies primarily on aggressive assumptions about future interest rates, growth of program expenditures and effectiveness of the economic stimulus plan.

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Publisher Info
Paper provided by C.D. Howe Institute in its series e-briefs with number 72.

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Length: 6 pages
Date of creation: Jan 2009
Date of revision:
Publication status: Published on the C.D. Howe Institute website, January 2009
Handle: RePEc:cdh:ebrief:72

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Related research
Keywords: fiscal policy; Canadian Federal budget;

Find related papers by JEL classification:
E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization

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This page was last updated on 2009-12-3.

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