Throne Speech Commitments Mean More Debt and Bigger Government: Think Tank

Throne Speech Commitments Mean More Debt and Bigger Government: Think Tank
Prime Minister Justin Trudeau waits for Governor General Julie Payette to deliver the throne speech in the Senate chamber in Ottawa on Sept. 23, 2020. Adrian Wyld/The Canadian Press
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New spending commitments from the throne speech will add more debt, increase fiscal challenges, and create bigger government without necessarily helping the economy, according to the Fraser Institute think tank.

In Wednesday’s throne speech, the Liberal government announced its plans to use “fiscal firepower” to support Canadians and businesses through the pandemic and “create a stronger, more resilient Canada.”