Commentary
Decades ago, British Prime Minister John Major announced a revolutionary approach to budgeting. Alas, he didn’t implement it and became a footnote to history. But the idea, sound in principle, was that instead of duct-taping this year’s budget together from the wreckage of last year’s while cramming in some unaffordable voter-bait baubles, they would start from scratch by deciding what they needed and what they could afford, then work out the details within those firm big limits. Which brings me to Canadian defence.
