federal government spending
Total expected federal per-person spending will eclipse $13,000 in 2020-21.
Ottawa raised personal income tax rates on Canadian workers.
Federal deficit estimates range from $100 billion to $200 billion for fiscal year 2020-21.
The COVID-19 bill effectively eliminates the need for all parties to work together to pass spending legislation for the next six months.
The national debt will hit an estimated $713.2 billion this year.
Between 2007 and 2018, Alberta workers contributed a net $12.3 billion to employment insurance.
According to current projections, the federal deficit will reach $26.6 billion this year.
Ottawa’s total debt will hit a projected $1.2 trillion in 2019.