A budget that ducks on debt and defence
The Globe and Mail · The Editorial Board ·
The Liberals take credible steps to boost the economy, but fail to take action on the two other major challenges facing Canada
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There are three great challenges facing Canada today. The first is the economic tumult from the rise of protectionism and the resulting need to reorient Canadian trade beyond the United States. Then there is the rising national security peril from militaristic authoritarian states. Less obvious, but no less important, is the seismic shift in borrowing costs for advanced economies, ratcheting up the weight of governments’ debt burdens.
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