Robson: Federal Budget Scrapes for Loose Change

The video discusses the challenges in the budget, highlighting near-term gains but long-term fiscal uncertainties. It critiques the reliance on elastic tax bases like tobacco and alcohol, noting issues like black markets. Concerns are raised about increasing deficits and aggressive economic projections. The impact on Canada's credit rating is considered minimal, but debt-to-GDP ratios remain a focus for rating agencies.

In what ways might the current fiscal framework be considered unstable?

What factors contribute to the disappointment in the economic growth versus the deficit projections?