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Achieving Balance, Spurring Growth: A Shadow Federal Budget for 2012

Alexandre Laurin and William Robson
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Alexandre Laurin: C.D. Howe Institute

C.D. Howe Institute Commentary, 2012, issue 344

Abstract: Canada is in the happy position of being able to address its fiscal challenges not just through eliminating deficits, but also by promoting growth in the economy and the tax base. This report takes a two-pronged approach: first, an accelerated plan to achieve budgetary surplus in three years; and second, a series of low-cost initiatives designed to foster economic growth. On top of the strategic review of direct program spending announced in last year’s federal budget, initiatives in this Shadow Budget can enhance federal cost savings, including: restraining federal employee compensation, rationalizing Canada's tax base and trimming financial assistance to Crown Corporations.

Keywords: Canada; Federal Budget 2012; Federal employee compensation; tax base; Crown Corporations (search for similar items in EconPapers)
JEL-codes: H60 H68 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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