Federal debt is projected to rise from 42.4 per cent of GDP in 2022 to 43.5 per cent of GDP in 2023.
Blog - Fraser Forum
The budget projects a deficit of $40.1 billion in 2023/24, which is nearly $10 billion higher than projections in November.
The budget speech never mentioned the word “entrepreneurship."
The federal debt-to-GDP ratio is on track to increase between 2022-23 and 2023-24.
Among Britons aged 18 to 34, support for socialism increases to 53 per cent.
The total value of government debt in 2022 in Canada exceeded the entire size of the economy by more than 10 per cent.
The budget projects a deficit of $1.3 billion this year.
Per-person spending will reach $14,790 in 2023/24—an increase of about 5 per cent from 2019/20.
Most governments across Canada have recognized that it’s unfair to collect additional tax revenue on salary adjustments.
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