Fraser Forum

Government Spending & Taxes

2:50PM
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Budget projects an increase in total federal debt of approximately $113 billion over the next five years.


10:41AM
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As the Liberals table their first budget today, federal government debt has reached $692 billion.


10:40AM
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The provincial government created a new five-bracket tax system with a top tax rate increasing by 50 per cent.

4:00AM
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On the eve of the new Liberal government’s first federal budget, the key is to get incentives right at home.


2:33PM
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Canada’s top combined personal income tax rates are now among the highest in the industrialized world.


3:00AM
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The new federal Liberal government will table its first budget next week, with media reports suggesting a deficit triple the amount promised during the election campaign.


4:13PM
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Increased OAS spending means less spending elsewhere, higher taxes, and/or more government borrowing.


1:05PM
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The TD forecast shows a persistent federal deficit of approximately $30 billion a year for the foreseeable future.


3:00AM
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Between 2003-04 and 2012-13, spending on public schools in Canada increased by 45.9 per cent.


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