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Thursday, November 21, 2024
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Could budget spending overheat the economy? Experts weigh in

Government spending that doesn’t create economic growth can have negative consequences, says Josh Nye. Parliamentary Budget Officer Yves Giroux says a potential rise in interest rates isn't a major concern.

Finance Minister Chrystia Freeland's first budget included big deficit spending on measures that will grow the economy, and some that probably won't. The Hill Times photograph by Sam Garcia
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BY PETER MAZEREEUW
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News | BY PETER MAZEREEUW | April 26, 2021

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