Stimulus Spending Won't Be As Good For Canada's Economy As The Liberals Said: TD

Stimulus spending will give Canada a boost over the next two years; it just won’t be as good for the economy as the government said it would be.So says a quarterly forecast by TD Economics released Thursday.The bank was generally complimentary of the Liberal government’s spending plans, but it was decidedly less optimistic about outcomes than the feds. Finance Minister Bill Morneau delivers the federal budget in the House of Commons. (Photo: CP)When Liberals unveiled their budget in March, the federal Finance Department estimated that its spending would add 0.5 per cent to Canada’s GDP this year, and …
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