budget deficit

3:28PM
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Ontario’s new finance minister must recognize the importance of budget balance

Ontario spent $12.5 billion on government debt interest in 2020/21.


8:39AM
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Government getting bigger and bigger in Canada
A growing size of government produces deficit-spending and debt.

9:49PM
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Trudeau government—and provincial governments across Canada—can learn from past fiscal consolidations

The Trudeau government’s recent fiscal update forecasted a $343 billion deficit this year.


11:38AM
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Governments across Canada must reduce spending post-recession

Total provincial government deficits will reach an estimated $63.0 billion this year.


11:30AM
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Minority government may lead to dire electoral changes—here’s how

Governments elected via proportional representation are more likely to run deficits.


8:01AM
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Alberta’s economic health remains a matter of national importance

The federal deficit was approximately $19 billion in both 2016/17 and 2017/18.


2:49PM
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On deficit reduction in Ontario, “slow and steady” will not win the race

Ontario’s debt burden is forecasted to increase by $48.2 billion between 2018 and 2023.


4:13PM
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Beware, budget deficits can increase inequality

Government debt redistributes resources from the entire population to the wealthy holders of the debt.


1:52PM
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The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.