User Discretion Advised: Fiscal Consolidation and the Recovery

Ontario should not delay fiscal consolidation, while Ottawa should take a more gradual approach than planned, according to a report from the C.D. Howe Institute. In “User Discretion Advised: Fiscal Consolidation and the Recovery,” author William Scarth calls on the Ontario provincial government to address its long-term sustainability challenges before it embarks on any major new expenditures, while stating that the federal government should delay its final stage of deficit reduction.