Oil price underestimation cushion
2:20–4:13 · 113s
Armstrong explains the budget’s oil price assumption of $73 versus ~$99, arguing the government has built in a sizable revenue windfall reminiscent of the Paul Martin era playbook.
2:20–4:13 · 113s
Armstrong explains the budget’s oil price assumption of $73 versus ~$99, arguing the government has built in a sizable revenue windfall reminiscent of the Paul Martin era playbook.
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