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Road sign: which path to choose

Every other week, we release 5 Minutes for Business, a publication written by Hendrik Brakel, our Senior Director of Economic, Financial and Tax Policy. In these publications, Hendrik briefly describes current issues that affect the Canadian economy and provides insight on what it will mean for Canadians today and the future. In this week’s edition, he looks at the tough economic decisions the new federal government will have to make and the impact those choices could have on our economy.

Canada’s new government is off to a great start! People are cheering the new Cabinet and the return of the long-form census. But, there are tough decisions ahead. For instance, the Parliamentary Budget Office now projects larger deficits, $3 billion next year and almost $5 billion in 2017. How will the government deal with this situation while still making good on its promises? What does this mean for personal taxes? For business?

Read 5 Minutes for Business to find out.

For more information, please contact Hendrik Brakel.

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