federal government spending

10:26AM
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Guaranteed annual income program would guarantee big tax changes

All the disposable income of Canada’s top earners—those earning $250,000 or more annually—would fund only 25 per cent of the GAI.


10:18AM
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Ottawa has spent billions on its innovation agenda including $950 million to five hand-picked sectors of the economy.


4:27PM
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Federal finances remain vulnerable to fluctuating interest rates

In the 1990s, federal debt-interest costs routinely eclipsed 30 per cent of revenues.


9:44AM
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Policymakers must ditch their fashionable green recovery plans

Green technologies that were known money-losers pre-COVID remain money-losers today.


10:36AM
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Minister McKenna should re-consider plans for stimulus

Evidence suggests that a 1.0 percentage point increase in spending produces a 0.75 percentage point drop in economic growth.


9:49PM
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Trudeau government—and provincial governments across Canada—can learn from past fiscal consolidations

The Trudeau government’s recent fiscal update forecasted a $343 billion deficit this year.


11:19AM
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Any credible plan to fix federal finances must address pre-COVID spending

Indigenous and Northern Affairs represented the largest share of federal program spending growth.


12:16PM
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The finance minister said what? Part 5

The Trudeau government ran consistent deficits and accumulated significant debt over its first four years in office.


11:49AM
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Trudeau government should provide fiscal projections to Canadians

The CERB is now estimated to cost $61.1 billion compared to the original estimate of $40.6 billion.