The province now has the fourth-highest top combined income tax rate in Canada and the United States.
budget deficit
Mars 18, 2024
4:00AM
These deficits have fuelled an $867.2 billion increase in gross federal debt from 2014/15 to 2022/23.
Février 2, 2024
10:30AM
Every dollar that goes towards debt repayment is a dollar unavailable for important services or tax relief.
Octobre 21, 2022
3:40PM
Government borrowing crowds out private investment and lowers the economy’s productive potential.
Juillet 1, 2022
6:00AM
The federal and provincial governments will run combined deficits of $86 billion in 2022.
Juin 15, 2022
1:32PM
So-called "stimulus spending" displaces future private spending and reduces future economic growth.
Juin 8, 2022
8:10PM
Mai 31, 2022
9:56AM
The federal government projects a budget deficit of $52.8 billion for 2022.
Septembre 10, 2021
3:11PM
Ottawa ran an unprecedented $354 billion budget deficit in 2020/21.