Search

Search results

1. 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. ...

2. 2021 budgets establish uncertain future for government finances in Canada

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

3. 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. ...

4. 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. ...

5. 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. ...

6. Canadians will pay for Trudeau government’s record spending

   Ottawa ran budget deficits worth a total of $94.1 billion from 2015/16 to 2019/20. ...

7. What would Chrétien’s budget rules have meant for Trudeau: Part 2

   After successive years of higher-than-promised federal deficits and record levels of per-person federal spending, the Trudeau government now finds itself less prepared to respond to the COVID-19 pandemic. This blog post estimates where ...

8. Federal government making up fiscal rules on the fly

   Appeared in Calgary's Business, January 5, 2020 Last month, before the holidays, the Trudeau government released its fall economic update, which revealed—among other issues—that Canada’s federal debt-to-GDP ratio increased, meaning Canada’s debt has ...

9. Fiscal update—increased spending and debt comes at a cost

   Nearly two months after the federal election, the Liberals released their fall fiscal update on Monday to inform Canadians about the status of the economy and government finances. Once again, the federal government failed to make ...

10. Canadians will pay for Trudeau government’s red ink

    Appeared in the Toronto Sun, November 20, 2019 Less than a month since the federal election, the latest projections from the Parliamentary Budget Office (PBO) already suggest Canadians can expect larger federal deficits than previously estimated. The ...