From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation.
Government Spending & Taxes
Program spending is projected to increase from pre-pandemic levels by 15.2 per cent in 2021/22.
Budget 2021 includes $30 billion over five years for national childcare.
Even though the vast majority of Americans never lost their jobs, politicians sent stimulus money directly to most households.
Federal program spending in 2021 will reach a projected $11,370 per person—or 18.7 per cent of the economy.
The carbon tax will increase by $15 per tonne until it reaches $170 per tonne.
The federal government has seemingly ditched the debt-averse approach that largely prevailed in Ottawa since the mid-1980s.
Among residents who donated, the average annual contribution equalled only 0.45 per cent of their household income.
Subscribe to the Fraser Institute
Get the latest news from the Fraser Institute on the latest research studies, news and events.