MLI Managing Director Brian Lee Crowley appeared on CBC’s Lang & O’Leary Exchange yesterday discussing public debt and unfunded public pension liabilities. While Canada is not yet in the same boat as countries like Greece and Portugal, there are storm clouds on the horizon and public pension funding liabilities are one of them, as Crowley highlighted.
Brian was also asked about recent debt management suggestions that are coming out of the US. He noted, pursuing a theme from MLI’s best-selling book Canadian Century, that what is absent in the US today is a multi-partisan attack on deficits that was exhibited in Canada in the mid-1990s.
You can see the interview here (starting at approximately the 35:55 minute mark).
