The fact is that significant increases in corporate taxes hurts economic growth, jobs creation and our pensions because it discourages investment. What’s frightening is that we have people who want to lead the country who don’t understand something so basic.

It totally depends on the assumptions underlying the statement. So my question is did you forecast the recent repo crisis that sent interest rates up 500% – how about the Deutsche Bank’s derivative problem or Trump’s trade war?

We’re not running double digit deficits because we’re in an economic downturn or can’t afford essential services. We run them because we want government to give us more and we’re not prepared to pay.

In the last federal election the NDP, Liberals and Conservatives all promised to balance the budget. Today, only the Conservatives promise to do it and it will take 5 years. The other parties know that fiscal responsibility doesn’t sell but a free lunch does.