Jason Jacques, Interim Parliamentary Budget Officer, critiques Carney government
Ottawa’s Parliamentary Budget Officer, Jason Jacques, criticized the Carney government’s budget for applying an “overly expansive” definition of capital investments, shifting $94 billion in spending over five years to the capital side. The new budget, which forecasts a $78.3 billion deficit this year, raises concerns about increased spending and limited fiscal flexibility. Jacques recommends establishing an independent body to categorize spending accurately while noting the government’s significant debt of $1.27 trillion, mostly accrued in the last five years.
Loading PerspectiveSplit analysis...
