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When It Comes To Fiscal Policy, Japan Is No Role Model

Prime Minister Justin Trudeau is in Tokyo this week for a bilateral visit with Japanese Prime Minister Shinzo Abe, as well a G7 leaders summit in nearby Ise-Shima. While increasing trade is a major focus of the Prime Minister’s visit (Japan is Canada’s fifth largest trading partner), Canadians should cross their fingers that Trudeau doesn’t ask his Japanese counterpart for advice on fiscal policy and the virtues of massive infrastructure spending.
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Manitoba, we have a problem

According to the new Progressive Conservative government, the average family of four in Manitoba owes $3,066 because of last year’s provincial deficit. The Manitoba government overspent its income by more than $1 billion. Annual interest payments on that debt will be tens of millions.
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Don't let the Alberta government off the hook for eliminating its own self-imposed debt ceiling

So much for government accountability! The Alberta NDP government is repealing its own self-imposed debt ceiling, just a few months after introducing it.
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Elsewhere from around the web

Alberta budget goes heavily into the red to fight economic downturn

The Alberta NDP government is borrowing billions of dollars to finance its operations and will exceed its own legislated debt ceiling in three years.
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'Anti-oppression' training, bureaucracy, holds up student clubs

If students at the University of Guelph want to start, say, a chess club, they first have to take "anti-oppression" training that includes learning about ableism, saneism, classism and other ideas.
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Forbes says Canada among 7 countries facing debt crisis

Steve Keen, head of the school of economics, politics and history at Kingston University London, raises the alarm about Canada's debt levels: both public and private.
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Andrew Coyne: Liberal’s $30B deficit a debt of choice, not circumstance

To the extent that economic growth has been sluggish over the last decade, it has had little to do with domestic factors and everything to do with the effects of, first, a world-wide financial crisis (2008-09) and its aftermath, and second, a worldwide collapse in the price of oil (2014-15).
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