A “shadow budget” that Toronto-based economic research group C.D. Howe Institute released on Thursday ahead of the federal Liberals’ 2017 budget urges Ottawa to take several concrete steps that would cut the deficit while simultaneously encouraging economic growth.<\/p>\n
“Businesses, individuals and investors need confidence in the economy,” says Alexandre Laurin, director of research and a co-author of Getting Real: A Shadow Federal Budget for 2017<\/em>, “and the best way to do that is to show a credible path to balancing the books.”<\/p>\n
Under the shadow budget, whose other co-authors are C.D. Howe president and CEO William Robson and policy analyst Rosalie Wyonch, the federal government’s fiscal picture would be balanced by 2023, the report suggests.<\/p>\n
Watch: What’s in the Federal Budget?<\/a><\/strong><\/p>\n
The report’s other recommendations include:<\/p>\n
Photo copyright: rabbit75123\/123RF<\/em><\/p><\/p>\n","protected":false},"excerpt":{"rendered":"