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Less Debt, More Growth: A Shadow Federal Budget for 2019

Author

Listed:
  • William B.P. Robson

    (C.D. Howe Institute)

  • Alexandre Laurin

    (C.D. Howe Institute)

Abstract

The C.D. Howe Institute’s Shadow Federal Budget for 2019 looks past the overspending and deficits the federal government has adopted as its fiscal signature since its election in 2015. Instead, our focus is on ensuring the competitiveness and dynamism of the Canadian economy in the near and medium-term, setting the stage for a return to surpluses during the next Parliament. This Shadow Budget would improve tax competitiveness in the near term and lay the groundwork for a much-needed modernization of the tax system in the years ahead. It would enhance Canadians’ educational, labour-market and retirement prospects. It would facilitate international trade, invest in core federal infrastructure and reduce red tape. And, critically, it would improve fiscal accountability, contain spending and assure Canadians that their federal government is on a return to budget balance.

Suggested Citation

  • William B.P. Robson & Alexandre Laurin, 2019. "Less Debt, More Growth: A Shadow Federal Budget for 2019," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 531, February.
    • Handle: RePEc:cdh:commen:531
    as

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    File URL: https://www.cdhowe.org/sites/default/files/attachments/research_papers/mixed/Commentary_531_0.pdf
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    References listed on IDEAS

    as
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    8. William B. P. Robson & Alexandre Laurin, 2017. "Hidden Spending: The Fiscal Impact of Federal Tax Concessions," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 469, February.
    9. Robert L. Brown & Shantel Aris, 2017. "Greener Pastures: Resetting the Age of Eligibility for Social Security Based on Actuarial Science," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 475, April.
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    11. Jeremy Kronick, 2018. "Productivity and the Financial Sector – What’s Missing?," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 508, April.
    12. Steven Robins, 2017. "A Better Flight Path: How Ottawa can Cash In on Airports and Benefit Travellers," e-briefs 253, C.D. Howe Institute.
    13. Christine McDaniel & Simon Schropp & Olim Latipov, 2016. "Rights of Passage: The Economic Effects of Raising the DMT Threshold in Canada," e-briefs 239, C.D. Howe Institute.
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    More about this item

    Keywords

    Fiscal and Tax Policy; Federal Budgets;

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General

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