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Fiscal Tonic for an Aging Nation: A Shadow Federal Budget for 2007

Author

Listed:
  • Finn Poschmann

    (C.D. Howe Institute)

  • William B.P. Robson

    (C.D. Howe Institute)

  • Robin Banerjee

    (C.D. Howe Institute)

Abstract

Saving and investment are critical to Canada's economy. They underpin today's prosperity and will be critical to raising living standards in the future. Growth in Canada's workforce is slowing, and a larger population of older Canadians will soon need pensions and social services. Federal fiscal policy must ensure that the environment in which Canadians work, save and invest encourages them to set aside resources for the future, and to invest in ways that will raise living standards for individual families, and for the country as a whole.

Suggested Citation

  • Finn Poschmann & William B.P. Robson & Robin Banerjee, 2007. "Fiscal Tonic for an Aging Nation: A Shadow Federal Budget for 2007," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 101, February.
  • Handle: RePEc:cdh:backgr:101
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    More about this item

    Keywords

    fiscal policy; demographics;

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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