March 18, 2013
The C.D. Howe Institute’s 2013 Shadow Budget, released today, protects Canada from near-term economic and fiscal risks by accelerating the federal government’s planned return to budget surpluses, and promoting reforms that will boost longer-term economic growth. In “Prudence and Opportunity: A Shadow Federal Budget for 2013,” authors Alexandre Laurin and William Robson show how Ottawa can achieve budget surplus by 2014/15, a year ahead of plan, through further belt-tightening in the government’s own operations, while reshaping federal finances to support work, saving, investment, and international trade.