Tag Archives: fiscal policy

Letter from the President: Wisdom from the Asian Financial Forum and the lessons for Canadian policymakers (IIAC Blog)

Letter from the President: Wisdom from the Asian Financial Forum and the lessons for Canadian policymakers (IIAC Blog)

In my latest Letter from the President, I look at the rise of populism in the developed world. The emergence of the so-called “new normal”, marked by weak GDP growth and stagnant incomes, has unfolded as a troubling, persistently enduring economic condition, rather than a cyclical phenomenon. I argue that governments must find consensus for pro-growth policies to break the economic malaise, embracing low tax rates, broad tax reform, stimulative spending, and deregulation, and avoid the impulse for excessive social spending and protectionism. Failure risks political pressure for even more radical policy solutions.

The IIAC has … Continue reading

Tagged:

Comments Off on Letter from the President: Wisdom from the Asian Financial Forum and the lessons for Canadian policymakers (IIAC Blog)

What Does the IIAC Want To See in the 2017 Federal Budget? (IIAC Blog)

What Does the IIAC Want To See in the 2017 Federal Budget? (IIAC Blog)

In its pre-budget submission, the IIAC stressed that well-managed government finances are the cornerstone of business and consumer confidence, and are critical to robust private sector investment spending and overall economic growth. Reining in spending and improving efficiencies in government activities are key to eliminating deficits and regaining the fiscal flexibility to tackle areas that are crucial to Canada’s long-term competitiveness.

By harnessing the available capital and expertise of the private sector, based on a “P3” financing model, the government could tap into the large pool of available private capital, thereby reducing the need to rely … Continue reading

Tagged:

Comments Off on What Does the IIAC Want To See in the 2017 Federal Budget? (IIAC Blog)