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Trudeau set to leave a mixed legacy – The Spec

by ahnationtalk on November 24, 202352 Views

November 24, 2023

Climate change, the economy, Ottawa’s relationship with First Nations and the western provinces all hang over his record, Craig Wallace writes.

Within the next two years, a federal election will be held. Current polls indicate, if an election were held today, Pierre Poilievre and the Conservative Party of Canada would win a substantial majority. If this occurs, what legacy will Justin Trudeau leave?

Economically, his legacy will be bleak. In 2015, Trudeau and the Liberal Party of Canada took power, inheriting a small surplus budget left to them by outgoing prime minister Stephen Harper. Upon taking office, Trudeau immediately turned to deficit spending. Running deficits at this time went against conventional Keynesian economic theory, which states, in part, government should run deficits in “bad times” (wars, recessions, pandemics, etc.,) and surpluses in “good times.”

Read More: https://www.thespec.com/opinion/contributors/trudeau-set-to-leave-a-mixed-legacy/article_bfd6c8fc-c1dc-59d3-8b76-de746f701db1.html

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