There’s a lot we can’t control—but we can control spending (Fraser Institute)

The mid-1960s to 1995 was a terrible period for federal government finances in Canada. The government borrowed every year but one, interest costs consumed ever-greater shares of revenues, the country’s debt ballooned, and we came within a hair of a currency and debt crisis. It took difficult largescale reforms by the Chretien government to get the country’s finances back in order.

https://www.fraserinstitute.org/article/theres-a-lot-we-cant-control-but-we-can-control-spending

Executive Vice President, Fraser Institute
Junior Economist
Associate Director, Addington Centre for Measurement, Fraser Institute

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