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  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. When measured against history, Prime Minister Trudeau’s spending near peak levels

    The federal government plans to spend $8,337 (per person) this fiscal year. ...

  5. Federal budget punts major decisions, continues policy of uncertainty

    Appeared in the Financial Post, March 23, 2017 Today’s federal budget adds fuel to the growing problem of policy uncertainty hovering over the Canadian economy. It’s essentially status quo. It fails to chart a clear course for taxpayers, entrepreneurs and ...

  6. Federal Budget 2017 projects $28.5 billion deficit

    With its largely status quo 2017 budget, the federal government has essentially decided not to decide until President Trump decides. And that leaves taxpayers, entrepreneurs and businesses guessing about what Canada’s economic policies ...

  7. 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. ...

  8. Budget season—Alberta and Ottawa must revert back to proven fiscal policies

    Budget season in Canada is now in full swing as governments unveil their tax and spending plans for the coming year and beyond. Two upcoming budgets deserve special attention: Alberta’s (March 16) and the federal government’s (March 22), ...

  9. 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 ...

  10. Why is Canada’s federal government running a deficit?

    Canada’s federal government has embarked on a path of substantial deficit financing with no concrete target laid out of when the budget might be expected to balance. The deficit will be $5.4 billion in 2015-16, $29.4 billion in 2016-17, ...