In this weeks show, we discuss the federal budget introduced by the newly elected Liberal government. Minister Morneau presented a budget which includes new spending in areas of infrastructure, indigenous groups, and transfers to middle and lower income families to name a few. This new package does not come without hefty costs. Ottawa is projected to go into the red at $29.4 billion for 2016-17, with a total debt issuance of about $100 billion by 2020-21. We invited two leading economists to discuss the federal budget and the alternative/shadow budgets each had created.

The C.D. Howe Institute shadow budget can be found here.
The Canadian Centre for Policy Alternatives alternative budget can be found here.

Guests

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.

David Macdonald is a Senior Economist with The Canadian Centre for Policy Alternatives. Since 2008, he has coordinated the Alternative Federal Budget, which takes a fresh look at the federal budget from a progressive perspective. David has also written on a variety of topics, from Canada’s real estate bubble to Aboriginal income inequality, and he is a regular media commentator on national policy issues.

Emilie De Monte & Emily Rasmussen , Host & Show Producer
Nirmalan Vijeyakumar, Executive Producer

Music Credits
Bravestation by Amadeus
Water Water by Humans
Saturday Night by Yukon Blonde

Photo Credit

Flickr/CC BY-SA 2.0