Federal government should require MPs' approval to change fiscal targets, watchdog says

OTTAWA — Canada’s fiscal watchdog suggested to a parliamentary committee on Tuesday that Ottawa should need House of Commons approval to change or eliminate long-held fiscal targets, as the Carney government did just weeks ago. Jason Jacques, the interim Parliamentary Budget Officer (PBO), told the Senate finance committee that Ottawa had used its debt-to-gross domestic product (GDP) ratio as one of its key “fiscal anchors” for the last three decades and that this governm