Getting ahead of the debate

Robert Asselin joins the Loonie Hour Podcast to discuss the present and future implications of his joint report with David Dodge on the Sustainability of the Government of Canada’s Current Fiscal Plan. 

“This is a broader discussion for the corporate world on what it means to have higher debt servicing [for the Government of Canada]. And what it means at the end of the day is that we are going to need more revenue. That’s the worrisome part. At some point you are going to need to increase taxes… This is why this debate is so important now. You want to get ahead of it because when it is too late… then it is not good for the economy.”    

Robert Asselin, Senior Vice President, Business Council of Canada