What difference does a budget make?
So Finance Minister Bill Morneau’s approach is remarkable if for nothing else than for the Liberals’ unapologetic attitude on the need for generosity, as in the reversal of a lower retirement age, and the need to pump up the economy by spending extra billions on infrastructure—all that even if it means several years of deficits.
Boring documents that change the course of history: That’s as good a definition as any for federal budgets.
I remember sitting in front of a typewriter—yes, a typewriter—on Dec. 11, 1979, when they handed out Progressive Conservative finance minister John Crosbie’s budget. The proposed 18-c...
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