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Photo: Sharon Drummond/flickr
Erin Weir | Corporate Canada's accumulated stock of cash now exceeds the federal government's accumulated deficit, which was $612 billion at the end of 2013.
Columnists
Jim Stanford | Before we get too carried away with scary debt stuff, consider these two indicators of the fundamental fiscal fragility/stability of Canadian governments.
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Screenshot from Steven Keen's talk "Canada's Debt Bubble"
David Macdonald | I was fortunate enough to be able to attend Steven Keen's talk "Canada's Debt Bubble" on June 28. I immediately purchased Steven's book, Debunking Economics, and read it all weekend.
Columnists
Linda McQuaig | In the 1990s, CTV broadcaster Eric Malling told Canadians the sad tale of a baby hippo shot by authorities at a New Zealand zoo. They had big deficits, so there was no money to expand the hippo pen.
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Andrew Jackson | The Prime Minister's speech at Davos was, I would bet, written by Stephen Harper himself. It bore the stamp of his long-standing contempt for the European welfare state.
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Andrew Jackson | The federal government has failed to take up an historic opportunity to lock in ultra-low interest rates on long-term Government of Canada bonds.
Columnists
Jim Stanford | If his government really wants to internalize Canadian household wisdom, Jim Flaherty should go shopping and take out a second mortgage on the Parliament Buildings.
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Marc Lee | When it comes to the Canada Pension Plan, a major talking point from the right is that the CPP has "unfunded liabilities," with the implication that it is financially unsustainable. This is nonsense.
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Andrew Jackson | The major economic problem faced by Canadians is a very slow recovery and weak job market, not government deficits or rising debt. But public spending cuts will make the real problem even worse.
Columnists
Linda McQuaig | Despite a decade of huge budget surpluses, neither the Liberals nor the Conservatives invested in our public services, which would have distributed benefits far more widely than tax cuts.
Columnists
Murray Dobbin | The $50 billion shortfall is a godsend for neo-cons like Jim Flaherty: a useful crisis that will provide the rationale for huge spending cuts.