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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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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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Any credible plan to fix federal finances must address pre-COVID spending
Indigenous and Northern Affairs represented the largest share of federal program spending growth. ...
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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 ...
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Explaining the Growth in Federal Program Spending since 2015
In 2019, federal program spending reached $322.9 billion, an increase of $69.1 billion or 27.2% (nominal) since 2015. After adjusting for inflation, the increase in program spending is still sizeable at $50.2 billion or 18.4%. The government finances ...
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Federal finances vulnerable to economic slowdown due to deficits
Upon assuming power, the Trudeau government immediately increased budgeted federal program spending by $8.1 billion over 2015-16 to 2019-20. ...