Morneau continues to ignore ongoing current deficits in budget statements

iIf we were growing our foreign debt to finance productive investments for the future, that would be fine. But we are growing our foreign debt to finance our current consumption.

When the IMF economists came out the other day with a concluding statement following their visit to assess our economy, Finance Minister Bill Morneau wasted no time issuing a press release declaring that IMF 'recognizes Canada’s success in delivering growth that works for everyone.'The Hill Times photographs by Andrew Meade

Opinion

BY DAVID CRANE

June 11, 2018

TORONTO—When the International Monetary Fund economists came out the other day with a concluding statement following their visit to assess our economy, Finance Minister Bill Morneau wasted no time issuing a press release declaring that IMF “recognizes Canada’s success in delivering growth that...

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