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1. Federal ‘stimulus’ spending will likely arrive late with minimal benefits

   The government says $101 billion in stimulus spending is required for “sustained economic recovery.” ...

2. Trudeau government must tackle federal budget deficit

   Recent estimates indicate that Canada’s federal government will eclipse $250 billion this year, the highest nominal deficit on record. With new spending announcements coming regularly, it’s possible this number will be even greater. As ...

3. Salaries and benefits often account for more than half of all provincial government spending

   Even before the recession, the federal government and several provinces were facing significant budget deficits. Now due to COVID-19, the estimated federal deficit will eclipse $250 billion this year while the provincial deficits combined ...

4. Interest on government debt—a costly problem for the Rock

   Several provincial governments across Canada are currently running deficits and accumulating debt to finance their spending priorities. But one province stands out more than others. Newfoundland and Labrador has the highest provincial ...

5. Atlantic Canadians carry large government debt burden

   Newfoundland and Labrador has the highest per-person total government debt among the provinces at $48,478. ...