For now, the new wage subsidy program will cost $71 billion.
Government Spending & Taxes
March 30, 2020
1:31PM
Default risk and exchange-rate risk increase for foreign lenders as they increase their holdings of any government’s debt.
March 30, 2020
9:36AM
Provincial government debt-service costs are set to reach $13.2 billion this year.
March 27, 2020
2:50PM
Effectively, the CERB will now cost $40 billion, up from $15 billion.
March 24, 2020
6:36PM
The principle of no taxation without representation is central to the concept of democracy.
March 24, 2020
10:19AM
When the First World War began, there was no expectation that it would spawn an entirely new tax system.
March 18, 2020
3:42PM
Ottawa will spend up to $27 billion supporting individual Canadians and businesses.
February 27, 2020
5:48PM
Alberta saw spending reductions of 20 per cent during the reforms of the 1990s.
December 6, 2019
11:18AM
The unemployment rate rose to 5.9 per cent, in the biggest one-month jump since the 2009 recession.
November 29, 2019
8:45AM
Since Justin Trudeau entered office, per-person spending has increased by 17.5 per cent in just four years.
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