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1. State of federal finances worse than previously thought

   The latest federal budget showed that public finances are in poor shape and Ottawa is ill-prepared for a possible economic recession. But a recent Parliamentary Budget Office report suggests the situation may be worse than the government ...

2. 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 ...

3. 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 ...

4. Trudeau government 0-for-3 for budgets that improve fundamentals for growing the economy

   With the Trudeau government tabling its third budget, the script has become familiar. Each budget the government loudly proclaims platitudes about growing the economy and helping the middle class. In reality, there’s no magic lever to ...

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. 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. Raising capital gains taxes—a lot of economic pain for little revenue gain

   Rumours abound that the Trudeau government may raise the capital gains tax in tomorrow’s federal budget so it’s critical for Canadians to understand that raising this tax will cause much economic pain for very little revenue gain. ...

8. 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. ...

9. 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), ...

10. Too many analyses misrepresent capital gains income and taxes

    As the federal budget quickly approaches and rumours regarding a likely increase in capital gains taxes intensify, it’s worthwhile to consider how many of the analyses calling for higher capital gains taxes confuse capital gains income ...