Carney’s One Big Beautiful Tax Cut, and fresh budget lessons from the U.K.
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Navigating Fiscal Challenges: Spending, Tax Cuts, and Economic Growth
This chapter delves into the fiscal pressures faced by nations like Canada and the UK, examining the delicate balance between government spending, tax policies, and debt management during sluggish economic growth. It also highlights the political reluctance to make difficult trade-offs and the cautious market reactions to these fiscal strategies, alongside insights into trade and housing trends in Canada.
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