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March 5, 2020

Federal Budget Must Spur Growth, Restore Confidence

  • Ottawa must support economic growth and restore Canadians’ confidence in the country’s fiscal management, according to the C.D. Howe Institute’s annual Federal Shadow Budget.

  • Authors William B.P. Robson and Alexandre Laurin show Ottawa could balance federal finances by 2025 through a combination of measures to boost growth and opportunities, while restoring fiscal restraint.

  • Highlights of the 2020 Shadow Budget’s measures to support economic growth include changes to personal and corporate income taxes that will encourage talent and investment, elimination of distorting taxes and border frictions, more focused infrastructure investments, and measures to support Canada’s labour market.

William B.P. Robson
William Robson

Bill Robson took office as CEO of the C.D. Howe Institute in July 2006, after serving as the Institute’s Senior Vice President since 2003 and Director of Research from 2000 to 2003. He has written more than 240 monographs, articles, chapters and books on such subjects as government budgets, pensions, healthcare financing, inflation and currency issues.

Alexandre Laurin
Alexandre Laurin

Alexandre Laurin joined the C.D. Howe Institute in 2008 and became Director of Research in 2014.  From 1999 to 2008, Mr. Laurin worked for the Parliamentary Information and Research Service where he provided reports, analysis and policy advice to Members of the House of Commons and the Senate and to parliamentary committees on a non-partisan and confidential basis.