Ottawa raised personal income tax rates on Canadian workers.
The federal debt going into this recession would have been $617.9 billion rather than the expected $713.2 billion.
The Trudeau government has run five consecutive deficits since taking office in 2015 and is expected to have accumulated approximately $84.3 billion in federal debt—$713.2 billion total—by the end of 2019-20.
Whereas the Chrétien government used balanced budgets as a guiding fiscal anchor, the Trudeau government has not had an effective fiscal rule imposing discipline on its spending, taxing, and borrowing decisions, resulting in the federal government being less prepared to respond to the current recession.
The national debt will hit an estimated $713.2 billion this year.
Canada's economy is expected to grow by a tepid 1.6 per cent in 2020.
In 2018, federal government spending (per-person inflation-adjusted) reached its highest point in Canadian history.
No Opposition party has signalled it would balance the budget in the near- or medium-term.
In 2018, per person program spending (inflation adjusted) reached $8,869, the highest point in Canadian history.