March 16, 2016
Ottawa must rein in expectations for huge increases in federal spending and borrowing, says the C.D. Howe Institute’s 2016 shadow federal budget. In “Where the Bucks Stop: A Shadow Federal Budget for 2016,” William Robson and Alexandre Laurin target deficits of $15.3 billion and $12.2 billion in the next two fiscal years, setting the stage for a return to surplus in 2019/20.