Government distorts financial picture with definition of capital
OTTAWA, ON: The Canadian Taxpayers Federation is calling on Prime Minister Mark Carney to focus on reducing debt rather than distorting the financial picture by watering down the definition of capital spending, as noted by the Parliamentary Budget Officer. The PBO shows the government is inappropriately expanding the definition of capital spending, said Franco Terrazzano, CTF Federal Director. The reality is taxpayers need to cut through Carneys budget spin and look at one number: How fast is the debt is going up?.
