Parliamentary budget officer Yves Giroux told members of Parliament on Monday that the federal government did not show fiscal restraint in its recent fall economic statement.
At a meeting of the House of Commons finance committee, Giroux said the federal government is spending a significant portion of the new fiscal room it ended up with this year — and that’s not “keeping one’s powder dry.”
The comment called back to Finance Minister Chrystia Freeland’s remarks when she presented the update early this month.
“In the months to come, we will be able to invest in the Canadian economy and to be there for the Canadians who need it the most — because we were responsible in April, and because we are keeping our powder dry today,” she said during a speech in the House….