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Fraser Institute News Release: Federal government could balance budget and reduce tax rates with 2.3% spending reduction over two years
VANCOUVER, British Columbia, July 16, 2024 (GLOBE NEWSWIRE) — If the federal government reduced program spending by only 2.3 per cent over two years and eliminated a host tax of expenditures, it could balance the budget and reduce personal inco
“With modest spending reductions and tax reform, the federal government can create the fiscal room to provide tax rate reductions that would benefit most Canadians,” said Jake Fuss, director of fiscal studies at the Fraser Institute and co-author of A New Federal Fiscal Framework for Canada. Read More
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