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Canadians will pay for Trudeau government’s record spending
Ottawa ran budget deficits worth a total of $94.1 billion from 2015/16 to 2019/20. ...
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Trudeau government poised to embrace much more federal debt
Starting in the mid-1980s, Canada’s federal fiscal policy focused heavily on trying to limit the accumulation of debt and push down (or at least prevent) growth in Ottawa’s debt-to-GDP ratio. To achieve this objective, successive ...
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The finance minister said what? Part 5
On July 8, Finance Minister Bill Morneau delivered the federal government’s economic and fiscal “ snapshot,” which pins the federal deficit at $343 billion in 2020. The finance minister lauded (yet again) that the government’s fiscal ...