According to budget forecasts, the federal government will run a $40.1 billion deficit this year.
The federal budget deficit has skyrocketed to 15.9 per cent of Canada's economy.
The federal deficit could hit $34.4 billion should Canada go into recession.
The government has once again refused to set a timeline for returning to a balanced budget.
The Alberta government expects another budget deficit of more than $10 billion.
The reasonable approach to balancing the budget is to find savings and reduce spending—not raise taxes.
This $51 billion increase in spending represents total growth of 20.1 per cent in just three years.
Premier John Horgan’s NDP government campaigned on balanced budgets.
Tucked away in the middle of the country, Manitoba has managed to keep a low profile when it comes to its fiscal situation, but it hasn’t balanced a budget since 2009.