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  1. Deficits for 50 years—a plan fraught with risks and consequences

    The Trudeau government plans to implement new spending programs including national childcare and pharmacare. ...

  2. 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. ...

  3. Modern Monetary Theory remains a dangerous policy prescription in Canada and beyond

    Many economists warn about ballooning budget deficits and the potential for higher interest rates in the future. ...

  4. Trudeau government fuels economic uncertainty

    The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.” ...

  5. 2021 budgets establish uncertain future for government finances in Canada

    The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22. ...

  6. Trudeau ‘childcare’ plan remains opaque, contradicts other federal policy

    The plan calls for $27.2 billion over the next five years to reduce daycare costs. ...

  7. Federal budget speech disregards key drivers of economic prosperity

    From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation. ...

  8. Trudeau government pushes national childcare onto premiers’ plate

    Budget 2021 includes $30 billion over five years for national childcare. ...

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

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

  10. Federal budget lacks realistic recovery plan despite all the red ink

    The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999. ...