Rudyard Griffiths and Sean Speer react to the Carney government's spring economic statement. They discuss the government's structural deficit problem, its reliance on inflation to improve fiscal projections, and the distinction between operating and capital budgets. They also explore why the government favours new agencies and sovereign wealth funds over fundamental tax, regulatory, and competition reforms, questioning whether this top-down strategy can revive Canada's struggling productivity and business investment climate.

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CREDITS:

Amal Attar-Guzman - Producer

Elia Gross - Editor

Rudyard Griffiths and Sean Speer - Hosts

Sean Kilpatrick/The Canadian Press - Photo Credit

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