Budget 2024

Tax and spend fiscal plan will inhibit growth

In an article in The Globe and Mail about the latest communiqué by C.D. Howe Institute’s Fiscal and Tax Working Group, Robert Asselin shared his perspective on the need for any government stimulus to focus on improving Canada’s productive capacity, such as child care, and its long-term economic growth potential.

“I’m worried that we’re going to be in a perpetual low-growth cycle and, at one point, living standards of Canadians will be affected.”

Robert Asselin, Senior Vice President, Policy, Business Council of Canada