How To Use the Fiscal Surplus
What is the Optimal Size of Government?

EDITED BY
HERBERT GRUBEL

Table of Contents

About the Authors

Preface
Michael Walker

Introduction and Summary
Herbert Grubel

The History of Fiscal Imbalances and Public Opinion

Canada's Fiscal Imbalances: History and Options for the Future
Herbert Grubel

What Do Canadians Think Should Be Done with the Fiscal Surplus?
Conrad Winn

The Optimal Size of Government and Public Well-Being

Optimal Levels of Spending and Taxation in Canada
Johnny C.P. Chao and Herbert Grubel

Can Small Governments Secure Economic and Social Well-being?
Vito Tanzi and Ludger Schuknecht

The Underground Economy: Minimizing the Size of Government
David E.A. Giles

Provincial Politicians Describe Recent Fiscal History

Lessons from Alberta on Fiscal Dividends and Taxation
The Honourable Stockwell Day

Balance: Fiscal Responsibility in Saskatchewan
The Honourable Janice MacKinnon

Restructuring the Government in Ontario
The Honourable Ernie Eves

Discussion of Lessons from Provincial Politicians

Views of Business Economists

Options on the Fiscal Dividend
John McCallum

View of the Canadian Chamber of Commerce
Tim Reid

View of CIBC Wood Gundy
Jeffrey Rubin

Discussion of Views of Business Economists

Views of the Federal Political Parties

View of the Reform Party
Preston Manning

View of the New Democratic Party
Nelson Riis

View of the Progressive Conservative Party
The Honourable Jean Charest

Copyright ©1998 by The Fraser Institute. All rights reserved. No part of this book may be reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles and reviews.

The authors of this book have worked independently and opinions expressed by them are, therefore, their own, and do not necessarily reflect the opinions of the members or the trustees of The Fraser Institute.

Printed in Canada.

Canadian Cataloguing in Publication Data

Main entry under title:
How to use the fiscal surplus

Papers from a conference held in Ottawa, December 3, 1997.
Includes bibliographical references.
ISBN 0-88975-190-0

1. Fiscal policy--Canada--Congresses. I. Grubel, Herbert G., 1934-
II. Fraser Institute (Vancouver, B.C.)

HJ793.H68 1998 339.5'23'0971 C98-911145-8

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