Canada Heads Down the Path to Debilitating Debt Again

摘要

The federal government's planned $30-billion budget deficit, to be followed by three more deficits totalling $113 billion, brings to mind former U.S. Secretary of State Henry Kissinger's observation that "It's not often that nations learn from the past, even rarer that they draw the correct conclusions from it." The budget deficit is triple the "modest" and declining $10-billion deficit promised by Prime Minister Justin Trudeau during last year's election campaign.