Where the Bucks Stop: A Shadow Federal Budget for 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.