That is considered by most observers to be an impractical outlay, given it would be close to what Ottawa spends on transfers to other levels of government, unless the surge in spending results in a significant multiplier effect on the broader economy. For the plan to pay for itself, the C.D. Howe Institute estimated nominal GDP growth would have to be around 6.3 per cent every year, far in excess of the forecasts in the last budget of 3.7 per cent over the next five years.
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