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An inept budget that corrodes the process.

Authors :
Newman, Peter C.
Source :
Maclean's. 5/10/93, Vol. 106 Issue 19, p40. 1p. 1 Color Photograph.
Publication Year :
1993

Abstract

Argues that Finance Don Mazankowski's budget papers reveal in devastating terms just how shoddy and unreliable the whole Canadian budget-process has become. About the only bottom line that mattered was the 1992-93 fiscal deficit, whose publication caused the Canadian Bond Rating Service to downgrade the country's credit standing. History of the deficit total; Unreliable statistics on economic growth; Speculation by investment expert Roy Bennett that Canada's economy would crash.

Subjects

Subjects :
*ECONOMIC policy

Details

Language :
English
ISSN :
00249262
Volume :
106
Issue :
19
Database :
Academic Search Index
Journal :
Maclean's
Publication Type :
Periodical
Accession number :
9305110321