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New COVID spending may do more harm than good
Several businesses, particularly in the service industry, are struggling to find workers. ...
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Trudeau’s record-high spending hasn’t translated into strong economic growth
During the Trudeau period, business investment actually declined by 0.2 per cent. ...
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Prime Ministers and Government Spending: Updated 2021 Edition
Per-person federal program spending (adjusted for inflation) reached $17,121 in 2020-21, by far the highest level in Canada’s history. Non-COVID-related per-person spending in 2020-21 was $11,165. Moreover, federal spending is estimated to reach ...
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New federal government can't continue debt binge
The new Liberal minority government should develop a credible plan to balance the budget and stop debt accumulation. ...
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Both frontrunning parties muddy their spending plans
The NDP has been the most transparent by clearly stating it would introduce a host of tax hikes. ...
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Calls for ever higher federal transfers disconnected from economic reality
Provincial transfers represented about 21 per cent of federal spending, up from 13 per cent in 1997. ...
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Ottawa must exercise more control over borrowing and spending
If this happens, interest payments on the federal debt would rise by nearly 60 per cent. ...
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Interest Cost Risks to Government Budgets
This essay calculates the change in government interest costs and budget balances if interest costs return to their 2019-20 levels. Estimates are calculated for 2021-22 gross debt levels for each of the provinces and the federal government. ...
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Federal spending spree continues to outpace budget projections
In 2021/22, federal program spending is projected to increase by roughly $51.0 billion. ...
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Trudeau government fuels economic uncertainty
The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.” ...