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Trudeau government pushes national childcare onto premiers’ plate
Budget 2021 includes $30 billion over five years for national childcare. ...
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Prime Ministers and Government Spending: 2021 Edition
Federal program spending in 2021 will reach a projected $11,370 per person—or 18.7 per cent of the economy. ...
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Nova Scotia budget shows debt accumulating at rapid pace
The string of deficits will increase Nova Scotia’s government debt by nearly 40 per cent from 2019/20 to 2024/25. ...
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Trudeau moving Canada towards American-style government with more centralized decision-making, federal spending, borrowing
In next month’s throne speech (and possible fall budget), Prime Minister Trudeau may move us closer to a more U.S.-style government in terms of the balance between the federal and provincial government and public finances. One of ...
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Expanding government won’t help Canada’s recovery
Enough signals have been sent by the federal government over the last few weeks for Canadians to formulate reasonable expectations about the upcoming throne speech next month and what might be included in the government’s plan for ...
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Governments across Canada must reduce spending post-recession
The recession caused by the response to the COVID-19 pandemic means governments across Canada now face tremendous fiscal challenges. Recent forecasts from the Royal Bank and Parliamentary Budget Officer (PBO) estimate that annual deficits ...
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It’s easier for governments to increase spending than bring it back down
As the COVID-19 crisis unfolds and governments across the country scramble to respond, public spending is increasing quickly, particularly at the federal level. Much of this spending is entirely reasonable and indeed necessary. ...
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Alberta’s government finances require swift reform, reduction in spending
Soon the “Blue Ribbon Panel on Alberta’s Finances,” tasked with developing a plan to eliminate Alberta’s sizeable budget deficit and restore the province to fiscal sustainability, will deliver its long-awaited report. When considering ...
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Government spending varies widely across major Ontario municipalities
Burlington spent nearly 17 per cent of tax-financed expenditure on “general government.” ...
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Provincial finances in trouble—spotlight Western Canada
The Parliamentary Budget Office (PBO) recently published its annual fiscal sustainability report, which provided long-term projections to assess the sustainability of public finances for the federal government and the provinces. In this ...