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Trudeau's reckless spending means decades of deficits

Writer's picture: PopCanPopCan

Toronto Sun: "If Trudeau had established a fiscal anchor in 2015 that limited spending increases to 2.9% annually (keeping pace with inflation and population growth) from 2015-19, instead of his actual increase of 5% annually, the government would have had a $4 billion surplus in 2025-26. Advertisement Article content That includes lifting the 2.9% fiscal anchor during the COVID-19 pandemic. Instead, based on his election platform, Trudeau is now predicting a $32 billion deficit in 2025-26, with no end of deficits in sight."

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