The federal government of Canada has
recently outlined its fiscal policy for the
The federal government of Canada has
recently outlined its fiscal policy for the next 5 years in Budget 2024. You are the lead analyst working for the
King’s Institute of Public Finance, a renowned Fiscal Policy Thinktank based in
London. You are being tasked with assessing the sustainability of the
government’s fiscal plan under the assumption that its medium term (2023-2028) policies
will remain in place until the end of 2055. Â
Budget 2024 outlines detailed economic and
fiscal projections for the medium term. You will use these projections as your
foundation. To extend these projections into the long-term (from 2029 to 2055),
please refer to the following assumptions provided below.