Federal and provincial governments in Canada are too casual about deficits and public debt, according to Globe and Mail columnist Andrew Coyne and economist Trevor Tombe of the University of Calgary. In our latest C.D. Howe Institute podcast episode, Coyne and Tombe discuss the long-term challenges to government balance sheets that we can see coming, and why they think cost-cutting is needed for Ottawa and the provinces to avoid a Greek-style debt crisis in the future.
It's an informative conversation for anyone interested in Canadian politics, economic and fiscal policy, government deficits and debt, demographics, our aging population.