Canada’s Foggy Economic and Fiscal Future

Summary:
Page Title:Canada’s Foggy Economic and Fiscal Future – C.D. Howe Institute
Article Title:Canada’s Foggy Economic and Fiscal Future
URL:https://cdhowe.org/publication/canadas-foggy-economic-and-fiscal-future/
Published Date:October 20, 2020
Accessed Date:February 12, 2025

Canada in ‘Economic and Fiscal Fog,’ Needs Real Debate on Future Path

  • Canada needs a national debate over its economic and fiscal future, according to Don Drummond, former chief economist for TD Bank.
  • Drummond lays out four scenarios for Canada’s fiscal future, each targeting a deficit and debt track into the 2030s, and calls for fiscal restraint.
  • Based on realistic assumptions for GDP growth and interest rates, which effect debt servicing cost, Drummond considers the most effective and efficient approaches to Canada’s economic and fiscal future.

Membership Application

Interested in becoming a Member of the C.D. Howe Institute? Please fill out the application form below and our team will be in touch with next steps. Note that Membership is subject to approval.

"*" indicates required fields

Please include a brief description, including why you’d like to become a Member.

Member Login

Not a Member yet? Visit our Membership page to learn more and apply.