Shifting gears: Paths to fiscal sustainability in Canada

Produced by the Mowat Centre at the School of Public Policy and Governance, University of Toronto.This report from the School of Public Policy & Governance and the Mowat Centre at the University of Toronto, supported by KPMG, is a first attempt to identify how well Canadian governments are doing in returning to fiscal balance, when compared to other OECD jurisdictions. It is intended to help facilitate informed, strategic, and long-term decision-making. The top-line recommendation emerging from this study is that the financial crisis and the return of deficit spending provide all governments with an opportunity to examine their budget decisions through a transformative lens