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1. Deficits for 50 years—a plan fraught with risks and consequences

   The Trudeau government plans to implement new spending programs including national childcare and pharmacare. ...

2. 2021 budgets establish uncertain future for government finances in Canada

   The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22. ...

3. Federal budget speech disregards key drivers of economic prosperity

   From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation. ...

4. Trudeau government pushes national childcare onto premiers’ plate

   Budget 2021 includes $30 billion over five years for national childcare. ...

5. Federal budget lacks realistic recovery plan despite all the red ink

   The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999. ...

6. Trudeau vs. Biden—transparency and budget honesty

   Nearly 60 per cent of the Liberal infrastructure spending was on “green” and “social” projects. ...

7. Federal Budget 2021—a preview of what you won’t see

   At 79 per cent, Canada had the fastest growth in its debt-to-GDP ratio in the G-7. ...

8. Spending reductions—not tax increases—key to economic recovery and budget balance

   According to current projections, the federal government will not balance the budget until 2050. ...

9. To fulfill Trudeau’s latest fiscal promise, spring budget must chart path to budget balance

   Prime Minister Trudeau’s end-of-year comments, where he committed to “absolutely” returning to a balanced budget post-COVID, will continue to ring hollow unless the spring budget includes decisive action. The pre-Christmas statement to ...

10. Making sense of Canada’s $381.6 billion federal budget deficit

    The Trudeau government this week published its fall fiscal update for 2020. The headline-grabbing number emerging from the report was the government’s forecasted budget deficit for the year—$381.6 billion. As is often the case when it ...