The province's revenue will likely be even higher than forecast in Budget 2022.
According to forecasts, the province’s net debt will eclipse $468 billion by 2024/25.
In 2020, the federal expenditure share jumped to 40 per cent.
The federal government projects a budget deficit of $52.8 billion for 2022.
Many foundations in Canada will struggle to increase their charitable spending so quickly.
The federal government projects a $52.8 billion budget deficit for 2022/23.
Government spending represented 40.4 per cent of the country's economy in 2019, up from 37.4 per cent in 2007.
The 2021 agreement introduced a new goal—that monetary policy should also support maximum “sustainable” employment.
The expansion of the Canada Child Benefit was financed largely by borrowing.
B.C.'s net debt will reach a forecasted $88.8 billion by 2024/25.
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