federal government budget

6:00AM
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Chrétien’s fiscal prudence lessons for Prime Minister Trudeau

The federal debt going into this recession would have been $617.9 billion rather than the expected $713.2 billion.


5:30AM
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What would Chrétien’s budget rules have meant for Trudeau: Part 2

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.


2:16PM
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Government policies hurting—not helping—on several fronts

The Trudeau government projects a $26.6 billion deficit for 2019-20.


12:20PM
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Federal government making up fiscal rules on the fly

The federal debt-to-GDP ratio increased from 30.8 per cent to 31.0 per cent.


4:23PM
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Fiscal update—increased spending and debt comes at a costs

Program spending could grow by nearly $50 billion in just five years


9:45AM
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Canadians will pay for Trudeau government’s red ink

By 2024/25, federal debt is expected to hit $787.4 billion.


8:41AM
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Federal tax rate hikes may actually reduce revenues
Some taxpayers change their behaviour when tax rates increase.