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Macdonald-Laurier Institute

MLI’s Crowley talks deficit control in Globe

October 19, 2010
in Domestic Policy, Canadian Century, In the Media, Economic Policy
Reading Time: 1 min read
A A

The Globe and Mail’s John Ibbitson takes a look at the Conservative government and Liberal opposition positions on deficit control today. This comes on the heels of both parties staking out, or at least trying to stake out, their positions as “best fiscal managers”. While laying out the respective positions, Ibbitson turned to MLI’s Brian Crowley for his take, under the sub-title Who you gonna believe?

Brian Lee Crowley, of the Macdonald-Laurier Institute, an Ottawa think-tank, is “delighted that both parties want to reduce the deficit in very short order,” because it shows that Canadians expect their governments to balance the books. As Mr. Crowley puts it: “No one wants to own the deficit.”
But the real question, he points out, is what programs would each party cut or what taxes they would hike, if growth weakens below projections? That’s a question no party is ready to answer.
As for the claim that the Liberal plan would wipe out 400,000 jobs, “all politicians make exaggerated claims about the damage their opponents’ policies will do,” Mr. Crowley observed. But it’s an economic fact of life, he added, that lowering corporate taxes creates jobs, and freezing those taxes, as the Liberals propose, would keep those jobs from being created.

You can bet that MLI will be holding all politicians’ feet to the fire when it comes to deficit reduction/elimination and debt control. After all, we wrote the book on it…The Canadian Century.

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  • Home
  • About
    • Who We Are
    • Who Makes MLI Work
    • Tenth Anniversary
  • Experts
    • Experts Directory
    • In Memoriam
  • Issues
    • Domestic Policy
      • Economic Policy
      • Justice
      • Rights and Freedoms
      • Assisted Suicide (MAID)
      • Health Care
      • COVID-19
      • Gender Identity
      • Canada’s Political Tradition
      • AI, Technology and Innovation
      • Media and Telecoms
      • Housing
      • Immigration
      • Agriculture and Agri-Food
      • Competition Policy
    • Energy Policy
      • Energy
      • Environment
    • Foreign Policy
      • Israel-Hamas War
      • Ukraine
      • Taiwan
      • China
      • Europe and Russia
      • Indo-Pacific
      • Middle East and North Africa
      • North America
      • Foreign Interference
      • National Defence
      • National Security
      • Foreign Affairs
    • Indigenous Affairs
  • Projects
    • CNAPS (Center for North American Prosperity and Security)
    • The Promised Land
    • Voices that Inspire: The Macdonald-Laurier Vancouver Speaker Series
    • Dragon at the Door
    • Canada on top of the world
    • Justice Report Card
    • The Great Energy Crisis
    • DisInfoWatch.org
    • Double Trouble
    • Digital Policy & Connectivity
    • Managing Indigenous Prosperity
    • Defending The Marketplace of Ideas
    • Reforming the University
    • Past Projects
      • Canada and the Indo-Pacific Initiative
      • The Transatlantic Program
      • COVID Misery Index
      • Speak for Ourselves
      • The Eavesdropping Dragon: Huawei
      • Talkin’ in the Free World with Mariam Memarsadeghi
      • An Intellectual Property Strategy for Canada
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
      • Fiscal Reform
      • The Canadian Century project
      • Fixing Canadian health care
      • Internal trade
      • From a mandate for change
      • Size of government in Canada
      • Straight Talk
      • Labour Market Report
      • Leading Economic Indicator
      • Centre for Advancing Canada’s Interests Abroad
      • Indigenous Prosperity at a Crossroads
  • Events
    • Upcoming Events
    • Past Events
      • MLI Dinners
      • Great Canadian Debates
  • Latest News
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    • Columns
    • Commentary
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