Staff
The landslide victor of the Liberals comes at a time of a mild recession, so the first thing Prime Minister-designate Justin Trudeau will need to do is make sure the economy doesn’t get worse, argues a piece by Advisor.ca.
The Liberals’ plan to provide economic stimulus through small deficits to fund large-scale infrastructure projects makes sense, the piece adds.
But the Liberals will have to ensure that government debt doesn’t cause the loonie to lose too much of its value, or else foreign-denominated loans will become difficult to pay off.
Read more here.