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Canada’s Business Council warns of an investment crisis, urging clear criteria and oversight for spending reclassification amid rising debt concerns.
Canada’s Business Council warns of an "investment crisis," urging the federal government to avoid reclassifying routine spending as investment without clear criteria and independent oversight.
A survey found broad support for a multi-metric "dashboard" approach to fiscal policy, emphasizing a stable or declining debt-to-GDP ratio, manageable debt costs, and balanced budgets.
The Parliamentary Budget Officer projects the debt-to-GDP ratio will rise for the first time in 30 years, breaching previous Liberal targets.
The new Liberal platform aims to balance the operating budget by 2028 and reduce debt, but experts question its feasibility without stronger fiscal discipline.
El Consejo Empresarial de Canadá advierte de una crisis de inversión, instando a criterios claros y supervisión para la reclasificación del gasto en medio de crecientes preocupaciones por la deuda.