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Interim PBO Jason Jacques apologized for calling Canada’s fiscal management "stupefying," calling it unnecessary and a learning experience.
Jason Jacques, interim Parliamentary Budget Officer, has expressed regret over using strong language like "stupefying" to describe Canada’s fiscal management, calling the choice of words unnecessary and a learning experience.
Appointed in September 2025, he initially warned of an unsustainable fiscal path, drawing criticism from opposition parties ahead of Prime Minister Mark Carney’s first budget.
While maintaining that long-term fiscal projections remain sustainable, Jacques cautioned that the government may miss targets if its economic pivot—focused on reducing reliance on the U.S.—fails to deliver growth.
He emphasized the need for careful communication and reaffirmed his commitment to providing independent, nonpartisan analysis to support informed decision-making.
El PBO interino Jason Jacques se disculpó por llamar a la gestión fiscal de Canadá "estupefacente", calificándola de innecesaria y una experiencia de aprendizaje.