recession

10:55AM
Printer-friendly version

Ontario spends about nine per cent of all revenue on government debt-service payments.


1:52PM
Printer-friendly version

The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.


10:28AM
Printer-friendly version

The higher-than-expected inflation of the late-1980s was one reason the bank switched to inflation targeting.


9:39AM
Printer-friendly version
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.


9:21AM
Printer-friendly version
Government debt and the next recession

Over a ten-year period, Canada’s general government gross debt rose from 69 per cent to 87 per cent.


3:54PM
Printer-friendly version

The two biggest automatic stabilizers from Ottawa are income taxes and employment insurance payments.


3:48PM
Printer-friendly version

A phrase heard almost hourly at the conference was “this time is different.”


3:30AM
Printer-friendly version

Canada raised tariffs in the 1930s and sunk into the Great Depression.