In this episode, our guests Pedro Antunes, Chief Economist of The Conference Board of Canada, and Kevin Page, founding President and CEO of the Institute of Fiscal Studies and Democracy at the University of Ottawa, discuss the evolving definition of fiscal responsibility in 2023. They address key issues such as the lack of consensus around debts and deficits, the influence of macroeconomic drivers on federal spending, the potential need for revenue increases, and the consequences of borrowing from future generations. They also provide advice to government policymakers as they navigate complex challenges like fiscal sustainability, growth, inflation, rising interest rates, war in Ukraine, climate change, and energy transition.
About our guests:
Pedro Antunes
Pedro Antunes is the Chief Economist and primary spokesperson at The Conference Board of Canada. He provides insights and general direction for the Board’s economic products, including reports and economic indicators that relate to Canada and its regions and sectors. Pedro provides media interviews in English and French as well as expert testimony before parliamentary and senate committees. He is widely sought for speaking engagements and presentations to industry leaders and decision-makers on a broad range of issues and topics that impact Canadians.
Kevin Page
Kevin Page is the founding President and CEO of the Institute of Fiscal Studies and Democracy at the University of Ottawa. Mr. Page was born in Fort William (Thunder Bay), Ontario. His undergraduate education took place at Lakehead University (Ontario) & Simon Fraser University (British- Columbia) and he has an M.A. in Economics from Queen's University, an Honorary Doctor of Laws from Lakehead University, and an Honorary Doctorate from the University of York (United Kingdom).
Read more:
The Conference Board of Canada's Economic Forecasting Unit
https://www.conferenceboard.ca/focus-areas/canadian-economics/
Clean and Green but Not Very Lean: Our Analysis of the Federal Budget 2023
https://www.conferenceboard.ca/insights/federal-budget-2023-analysis/
Institute of Fiscal Studies and Democracy at the University of Ottawa
https://www.ifsd.ca
Thumbs up: Budget 2023 has a credible fiscal plan – deficit, spending are modest
https://www.theglobeandmail.com/business/commentary/article-federal-budget-2023-fiscal-plan/
Budget 2023: Will the Government Stay the Course on Deficit Reduction?
https://www.policymagazine.ca/author/kevin-page-with-alex-eikre-and-zhihan-li/