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1. 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 ...

2. 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. ...