Jack Mintz: An investment banker’s dream budget
Despite claims of restraint, Jack Mintz writes in an op-ed that Ottawa’s latest budget is “simply not true” austerity, noting that federal program spending is forecast to rise by 16% from $490 billion this fiscal year to $568 billion in 2029-30. It is “an investment banker’s dream budget” focused on government-directed capital projects rather than broad economic reforms. Mintz warns that Ottawa’s industrial policy represents “more central planning and bigger government,” predicting “ribbon-cutting ceremonies for the next five years.”
