We are joined by Robert Asselin, former advisor to Justin Trudeau, and budget director to Bill Morneau to discuss ballooning deficits and inflation. The Bank of Canada starts hiking rates again. Bond yields surge, building permits plummet. Universal basic income gets a test run.
Link to Robert Asselin paper: https://thebusinesscouncil.ca/report/assessing-the-potential-risks-to-the-sustainability-of-the-government-of-canadas-current-fiscal-plan/
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