IFSD finds The Conservative Party of Canada’s Platform with ratings of ‘good’ across two of the three assessment principles (realistic economic and fiscal assumptions, responsible fiscal management, and transparency).

IFSD finds that the Liberal Party Platform 2021 merits an overall rating of ‘good,’ with ratings of ‘good’ across the three assessment principles (realistic economic and fiscal assumptions, responsible fiscal management, and transparency).

Despite the unprecedented increase in COVID-related government spending, current government finances are estimated to be sustainable in the long run.  What happens if there is a moderate increase in interest rates or the government introduces a new program that rises spending significantly on a permanent basis?

Budgeting is about more than dollars, but about trade-offs.  How money is allocated, the value citizens get for the spending, and the long-term sustainability of public finances are crucial considerations.  How does Canada’s system compare to those of its international peers?  The International Budget Partnership’s Open Budget Survey offers some perspective on transparency, legislative, and audit oversight.

In the 2019 federal election, between the two front running parties, there seems to be battle lines drawn between the party of fiscal responsibility and the party of policy leadership.  We are led to believe that these choices are mutually exclusive.  Both the Conservatives and the Liberals are to blame for this confusion.  The blame can be shared by the rest of us who have failed to explain the nuances of a well performing government budgetary system.  We have attempted to assess the party platforms for fiscal credibility but feel that we should now put these in some context.

L’IFPD accorde une note globale de « réussite » au cadre financier de la plate-forme du NPD, soit une réussite quant au réalisme des hypothèses économiques et financières et à une gestion financière responsable, mais un échec sur le plan de la transparence

L’IFPD accorde globalement une note de passage à la plate-forme chiffrée du Parti conservateur, soit une note de passage quant au réalisme des hypothèses économiques et financières et à la transparence, et une bonne note pour le respect des principes d’une gestion financière responsable

L’IFPD conclut à l’échec du cadre financier de la plate-forme 2019 du Bloc Québécois quant au réalisme des hypothèses économiques et financières, à une gestion financière responsable et à la transparence.

The Green Party of Canada released a revised Platform 2019 Costing document on October 2, 2019. This document followed the initial release of a costing document on September 25, 2019 and a policy commitments document (Election Platform 2019 - Honest, Caring, Ethical Leadership) on September 15, 2019.

L’IFPD accorde une « bonne » note globale au cadre financier de la plate-forme du Parti libéral, soit une note de passage pour le réalisme des hypothèses économiques et financières et une « bonne » note quant au respect des principes d’une gestion financière responsable et de transparence