Discussing his latest report “Analyzing the Federal Government’s Fiscal Anchors,” Robert Asselin asserts that the government’s inability to meet its previous three fiscal targets raises questions about the credibility of its new fiscal anchor. His perspective was widely covered by different media outlets.
“To meet their proposed deficit target they’ll either need much stronger-than-expected economic growth or they will have to make substantial program cuts ahead of an election.”
“The risk for businesses is eventually when the math doesn’t work. They see a trend, and what they see down the line is either higher taxes which are not great for businesses or spending that is out of control.”
“The government doesn’t seem to understand their own target.”
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