The world is entering a period of scarcity, meaning Canada won\u0027t be able to spend its way to economic prosperity. Find out more.
The economics were sound at the time, even if the growth dividend didn’t pay off.
New social programs, meanwhile, allowed the government to make significant strides on equality and redistribution — particularly with respect to lowering poverty.Article content For example, increasing immigration is a long-term positive for an economy threatened by aging demographics. And more social spending is typically associated with less inequality.
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