Program spending is projected to increase from pre-pandemic levels by 15.2 per cent in 2021/22.
The 2016-2019 period contained the weakest performance for income growth, labour markets and business investment.
In 2019, government spending equaled a remarkable 55 per cent of Atlantic Canada's economy.
Since the 1970s, Canada’s spending-to-GDP ratio has always been larger than the ideal range to maximize economic growth.
In Canada, housing and pension assets comprise the largest sources of household wealth.
Alberta will reduce its corporate income tax rate to 8 per cent.
Blog series part 2—Incomes, overall income economy grew more slowly under Liberals than before 2008-09 recession
Excluding residential investment, business investment dropped 17.3 per cent.
A 10 per cent increase in energy consumption is associated with a 1.2 per cent increase in economic activity.