OTTAWA—The Harper government is relying too heavily on U.S. fiscal stimulus measures to pull Canada out of recession, says a Canadian Centre for Policy Alternatives (CCPA) report released today in advance of President Obama’s first official visit.
The net effect of Canada’s stimulus plan is equivalent to just 0.7% of GDP — only one-quarter of the U.S. package and less than half of the stimulus advocated by the International Monetary Fund.
Obama visit puts Canada on the defensive