Search

Search results

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. Ottawa’s net debt projected to hit $859 billion by 2023-24

   With a federal election coming in the fall, the absence of policy debate on the federal debt is disappointing. Since 2013-2014, the interest-bearing debt of the federal government has increased from $904 billion to $1.025 trillion, a 13 ...

3. Ottawa using bounty of robust growth to simply boost spending

   The recently-released 2018 federal budget calls for growth in both spending and revenues. Between 2017-18 and 2022-23, total revenues are forecast to grow from $309.6 billion to $373.9 billion—an increase of 21 per cent. After a three ...

4. 2018 budget—another nail in the coffin of Trudeau’s balanced budget promise

   While campaigning for the 2015 election, then-candidate Justin Trudeau made a commitment to Canadians, pledging three years of modest budget deficits of no more than $10 billion, with a balanced budget by the end of his first mandate in ...

5. Federal budget an opportunity for Ottawa to change big spending ways

   Since coming into office, Prime Minister Justin Trudeau’s government has markedly increased spending, contributing to larger-than-promised budget deficits with no end in sight. Next week’s federal budget is an opportunity to change ...

6. Another broken promise—federal government ditches latest fiscal pledge

   By 2019/20, Canada’s debt-to-GDP ratio is forecasted to be 31.5 per cent. ...

7. What does the federal budget mean for Ontario?

   Appeared in the Toronto Sun, March 29, 2017 Last week, the Trudeau government released its 2017 budget. So what are the most important takeaways for Ontarians? Firstly, something we’re very familiar with in this province—growing government debt. The ...

8. Budget 2017 spells end of the Chrétien Consensus?

   Under the Trudeau government, deficits continue with no end in sight, debt is growing and taxes have increased. ...

9. Federal Budget 2017—Ottawa should learn from Canada's last road to debt

   The November 2016 federal economic update projected persistent deficits from 2015-16 to 2021-22. Shortly after, the Department of Finance released projections, which saw federal deficits persisting until the middle of the 21st century. ...

10. Two federal budgets, one problem—spending

    It’s federal budget season in Canada and the United States, with a common feature—fiscal planning driven by aspirations. Both federal governments plan major expenditure increases designed to promote objectives that, in the end, will ...