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1. 2021 budgets establish uncertain future for government finances in Canada

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

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

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

3. 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. ...

4. Stimulus spending on infrastructure won’t ‘kickstart’ COVID recovery

   Federal debt as a share of the economy will reach roughly 56 per cent, the highest percentage since 1998. ...

5. Spending reductions—not tax increases—key to economic recovery and budget balance

   According to current projections, the federal government will not balance the budget until 2050. ...

6. 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 ...