Dear John,
A new study published by the Fraser Institute today measures how Canadian federal governments have responded to budget deficits over the last 150 years.
It finds that a delay in balancing the budget will require deeper spending cuts and higher tax hikes in the future than if the government balanced the budget now.
Read the full study here [[link removed]], and be sure to share this study with your friends and colleagues.
Sincerely,
Niels Veldhuis
President
The Fraser Institute
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