Sunday, October 11, 2009

Budget watchdog criticizes government’s reporting on stimulus

In a report released yesterday, Parliamentary Budget Officer Kevin Page is criticizing the government’s report on the economic stimulus delivered by the Harper government on September 28. Page says that it was not helpful in measuring how much the spending is actually helping the economy. Page criticizes that although more data is now available on the impact of the economic stimulus, the quality and content of the report was been almost unchanged from previous reports. He contrasts this to the American reports, which he says have been produced bi-weekly, and provide specific information on how spending is reaching each state. He also says that the report focused too heavily on how spending has been allocated, rather than how the spending is actually stimulating economic activity. 

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