Someone tell Ottawa and Ontario: History proves that cuts help more than Keynesianism

Someone tell Ottawa and Ontario: History proves that cuts help more than Keynesianism

Last week’s federal fiscal update confirms it: Canada’s fiscal disease of unconstrained Keynesianism will not be cured any time soon. Unconstrained, because normally a Keynesian strategy would mean budget surpluses or substantial deficit reduction outside of recessions. But the federal Liberals decided somehow that the big-spending budget they passed this past spring was too austere.…

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Ottawa vows to cut through tangle of regulations killing competitiveness — but it won’t be easy

Ottawa vows to cut through tangle of regulations killing competitiveness — but it won’t be easy

OTTAWA — When Michael Katchen launched Wealthsimple, a low-cost investment service geared toward young people, one thing held him back: a rule under Ontario’s provincial regulator that requires managers to meet face-to-face with clients before investing their money. That seemingly innocuous regulation was a big problem for Katchen, who wanted to create a nimbler, faster…

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Ottawa aims to boost edge with $16 billion in tax incentives for business

Ottawa aims to boost edge with $16 billion in tax incentives for business

OTTAWA — The federal Liberals have come up with a $16-billion answer to Canada’s competitiveness concerns. Ottawa’s long-awaited plan to help Canada compete with the United States for investment dollars is the centrepiece of its latest fall economic statement, which forecasts slightly deeper annual deficits over the coming years. Finance Minister Bill Morneau had faced…

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