A blog for conservatives and unionists throughout the Commonwealth and Anglosphere.

"Whatever disunites man from God, also disunites man from man...When bad men combine, the good must associate; else they will fall one by one, an unpitied sacrifice in a contemptible struggle."
~
Edmund Burke

2010-03-27

Prime Minister's Office Lashes Out at Fraser Institute Study on Stimulus Spending

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After the Fraser Institute came out with a report on Tuesday saying that the stimulus spending failed to significantly fuel the economic recovery. In response the Prime Minister's Office and Finance Minister spoke out strongly against the describing it with words like "wrong", "shabby", and "ideological". Yesterday, both Prime Minister Harper and Finance Minister Flaherty insisted that the stimulus spending was responsible for the economic recovery of the Canadian economy in the second half of 2009. However, the Fraser Institute report uses Statistics Canada numbers to show that the recovery was brought about by oil industry investment and the growth of exports. The report was authored by Fraser Institute fellows Niels Veldhuis, Amela Karabegovic, and Charles Lammam.

SOURCES:

Did Government Stimulus Fuel Economic Growth in Canada? An Analysis of Statistics Canada Data

Impact of $47B stimulus minimal: Fraser Institute

PM, Fraser Institute ramp up stimulus spat

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