Could budget spending overheat the economy? Experts weigh in
Government spending that doesn’t create economic growth can have negative consequences, says Josh Nye. Parliamentary Budget Officer Yves Giroux says a potential rise in interest rates isn't a major concern.
The government's big-spending budget could overheat Canada's economy and put households and businesses under pressure, say Conservative MPs and a senior economist at the Royal Bank of Canada, but other experts, including Canada's parliamentary budget officer, aren't sweating the risk.
Finance Minis...
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