Markets are bleak and getting bleaker as Morneau hits Bay Street with...
Finance Minister Bill Morneau (above) heads to Bay Street today to give a speech at the Toronto Board of Trade. As he reviews the final draft of his speech this morning, here’s what’s going on in the...
View ArticleMerry Christmas from Ottawa! Morneau gooses cash transfers to provinces
Santa Morneau: Finance Minister Bill Morneau meet Sunday and meets again Monday with his provincial counterparts who, by and large, look to the federal finance minister for their annual Christmas...
View ArticleHelicopter Money: A way for governments to “rain cash from a clear blue sky”
The current issue of the newsmagazine The Economist challenges European and G20 government to think outside the box when it comes to fiscal and monetary policy tools traditionally used to stimulate...
View ArticleBill Morneau’s tall tales about Stephen Harper’s debt
Time and time again, Finance Minister Bill Morneau has told the House of Commons that the government of Stephen Harper added $150 billion to the national debt. Watch that video. I cobbled those clips...
View ArticleThe debt-to-GDP promise: Will it remain unbroken?
Last week, two prominent and influential private sector forecasters came out with widely differing views on the future of Canada’s debt. CIBC World Markets, in a report co-authored by chief economist...
View ArticleBudget 2016: Some numbers, arguments, observations
Finance Minister Bill Morneau tables the first budget of the Trudeau Government on Tuesday at 4 p.m. in the House of Commons. I’ll have something to say about Budget 2016 in our Sunday Suns but on this...
View ArticleBill Morneau’s fantasy numbers: Median wage growth
The chart above is the very first chart you will come across as you read Finance Minister Bill Morneau’s first budget. And it’s a fraud. The chart is preceded by this line: “… the benefits of economic...
View ArticleMore fantasy numbers from Bill Morneau: The 1-per-cent
On Sunday, we walked through the propaganda Finance Minister Bill Morneau presented in the very first chart in Budget 2016. Today, we got through the propaganda that is the Chart Number 5 in the same...
View ArticleHow many times do I have to say it? Harper left a deficit!
This morning the independent Parliamentary Budget Officer provided his latest economic and fiscal outlook, using the information that was published in the 2016 federal budget and informed...
View ArticleTories tee off on blind-to-the-facts Morneau
There’s several reasons I believe Bill Morneau deserves a failing grade as the country’s finance minister. [Read more on that from our Sunday papers] and, today, during Question Period in the House of...
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