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Conservative Values

Canada is living large today while dumping the costs on future generations

The latest report from Ottawa on Canada's fiscal position has that remarkable quality usually reserved for pieces of abstract art: depending on who you are, where you're standing and what you're thinking about, it can say something entirely different to different people.

To the federal Liberals, the report by Parliamentary Budget Officer (PBO) Jean-Denis Frechette was confirmation that they are on the right path in digging deep deficits and rolling back the age of eligibility for Old Age Security (OAS):

"Our government welcomes the work of the PBO in keeping parliamentarians and Canadians informed," Finance Minister Bill Morneau's press secretary, Annie Donolo, said in an email to the CBC. "We are pleased to see the PBO confirm that the federal government's fiscal situation, as well as the Canada Pension Plan (CPP), are sustainable over the long term."

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