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1. The finance minister said what? Part 4

   Federal Finance Minister Bill Morneau (pictured above) appeared this weekend on CTV’s Question Period to present the government’s case for its economic and fiscal policies, which were reflected in the fall economic update released last ...

2. No mistaking it now—the federal government has no interest in balancing the budget

   If there were any lingering doubts about the federal government’s commitment to balance the budget in the near term or next year as they originally promised, they should be put to rest with the release of the fall economic update on ...

3. Federal government doesn’t seem to recognize the hole it’s digging

   If you were already worried about the Trudeau government’s persistent increases in government spending and debt, then today’s Fall Fiscal Update will only compound your concerns. But for those not already anxious about the state of ...

4. Ottawa using bounty of robust growth to simply boost spending

   The recently-released 2018 federal budget calls for growth in both spending and revenues. Between 2017-18 and 2022-23, total revenues are forecast to grow from $309.6 billion to $373.9 billion—an increase of 21 per cent. After a three ...

5. 2018 budget—another nail in the coffin of Trudeau’s balanced budget promise

   While campaigning for the 2015 election, then-candidate Justin Trudeau made a commitment to Canadians, pledging three years of modest budget deficits of no more than $10 billion, with a balanced budget by the end of his first mandate in ...

6. Federal budget an opportunity for Ottawa to change big spending ways

   Since coming into office, Prime Minister Justin Trudeau’s government has markedly increased spending, contributing to larger-than-promised budget deficits with no end in sight. Next week’s federal budget is an opportunity to change ...

7. Why federal deficits to 2055 really matter

   The federal finance December 2016 update of long-term economic and fiscal projections recently made news across the country. The projections simulate what the federal government’s long-term finances may look like under certain ...

8. Proven economic policies, not ‘bold ideas,’ needed to spur growth in Canada

   Later today federal Finance Minister Bill Morneau (pictured above) will meet with his government’s appointed Advisory Council on Economic Growth, which will provide advice on how to spark long-term growth in Canada. The council, led by ...

9. Why is Canada’s federal government running a deficit?

   Canada’s federal government has embarked on a path of substantial deficit financing with no concrete target laid out of when the budget might be expected to balance. The deficit will be $5.4 billion in 2015-16, $29.4 billion in 2016-17, ...

10. Why did the planned surplus in 2015/16 turn to deficit? Higher federal spending

    With much of the focus on last week’s federal budget being on the $29.4 billion deficit expected in 2016/17, an important takeaway that largely flew under the media radar is what caused the surplus that the former government had planned ...