Total federal expenditures will grow to a projected $420.5 billion in 2024-25.
Other Topics
So-called "trade-exposed” industries are the least able to pass on higher costs to consumers.
Program spending could grow by nearly $50 billion in just five years
Roughly 35 per cent of Canada's economy is shielded from competition in some way.
Investors pointed to regulatory duplication and inconsistencies, which deterred 48 per cent of survey respondents.
Stronger enforcement of labour provisions will likely increase manufacturing costs in Mexico.
Canada had an overall tax-to-GDP ratio of 33 per cent.
U.S. officials say WTO rules disproportionately advantage other countries.
The budget includes a 1.6 per cent nominal spending reduction over four years.
Mona Fortier is the new “minister for middle-class prosperity.”
Subscribe to the Fraser Institute
Get the latest news from the Fraser Institute on the latest research studies, news and events.