federal deficits

2:42PM
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Scheer moves closer to Trudeau, further way from sound fiscal policy

The federal deficit could hit $34.4 billion should Canada go into recession.


9:20AM
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Trudeau budget more bad news for Ontario

Ontarians are on the hook for approximately 40 per cent of the federal government’s net debt.


9:39AM
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Contrary to what the finance minister says, federal finances are vulnerable

According to recent estimates, the government won’t achieve a balanced budget until 2045.


9:37AM
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Deficit spending not a free lunch—it’s a bill to future taxpayers

Currently, the annual interest paid on Canada’s federal debt is $26.3 billion.


4:14PM
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The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.


8:50AM
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Only 10.6 per cent of the nearly $100 billion in new infrastructure spending is for trade and transportation.


2:17PM
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The reasonable approach to balancing the budget is to find savings and reduce spending—not raise taxes.


9:08AM
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Upon assuming power, the Trudeau government immediately increased budgeted federal program spending by $8.1 billion over 2015-16 to 2019-20.