federal budget

4:30AM
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Federal government will likely violate another self-imposed fiscal rule

The inability to control spending remains the primary reason for Ottawa's string of deficits.


2:30AM
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Federal government can balance budget with relatively modest spending restraint

The government is on track to run nine consecutive budgets deficits, with all but one exceeding $10 billion.


12:00PM
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Federal government’s record-breaking spending saddles Canadians with huge debt

By the end of this fiscal year, the federal government will have racked up $591.9 billion in debt since 2015.


2:30AM
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PBO report underscores Ottawa’s irresponsible spending spree

Federal spending in 2023/24 will increase by $5.6 billion more than the government’s previous projection.


12:11PM
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IMF report spotlights Canada’s economic woes

Prosperity on a per-person basis has been stagnant since the mid-2010s.


2:30AM
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June 27 is Balanced Budget Tax Freedom Day in Canada

According to budget forecasts, the federal government will run a $40.1 billion deficit this year.


9:17AM
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Canada may avoid official ‘recession’ but comparative living standards continue to fall

While the Canadian economy recorded positive overall growth, per-person GDP actually declined.


9:00AM
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Federal budget does not meet definition of ‘restraint’

The budget dumps billions into the government’s bottomless climate policy money pit.


3:00AM
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Despite surge of revenue, few Canadian governments expect surpluses in 2023

According to projections, federal net debt will jump by more than $142 billion over the next five years.


11:32AM
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Freeland’s comments on federal budget are head-scratching and misleading

Federal debt is projected to rise from 42.4 per cent of GDP in 2022 to 43.5 per cent of GDP in 2023.