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  1. Prime Ministers and Government Spending: Updated 2021 Edition

    Per-person federal program spending (adjusted for inflation) reached $17,121 in 2020-21, by far the highest level in Canada’s history. Non-COVID-related per-person spending in 2020-21 was $11,165. Moreover, federal spending is estimated to reach ...

  2. The Lifetime Tax Burden for Canadians from Federal Debt Accumulation

    Federal debt has risen substantially during the COVID-19 pandemic and is projected to continue rising for the foreseeable future. Large deficits come with costs and Canadians will have to pay for our borrowing today through additional taxation ...

  3. 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. ...

  4. Tax burden growing in Canada, higher taxes loom on the horizon

    The federal and provincial governments project combined budget deficits of $233.5 billion in 2021. ...

  5. Canadians Celebrate Tax Freedom Day on May 24, 2021

    In 2021, the average Canadian family will earn $124,659 in income and pay an estimated $48,757 in total taxes (39.1%). If the average Canadian family had to pay its taxes up front, it would have worked until May 23 to pay the total tax bill imposed on it ...

  6. Generosity in Canada and the United States: The 2020 Generosity Index

    Manitoba had the highest percentage of tax filers that donated to charity among the provinces (22.4%) during the 2018 tax year while New Brunswick and Newfoundland & Labrador had the lowest (17.4%). Manitoba also donated the highest percentage ...

  7. Trudeau government’s approach to federal finances anything but ‘prudent’

    Appeared in the National Newswatch, December 2, 2020 Since coming to power in 2015, Prime Minister Trudeau —and his finance ministers —have characterized their management of federal finances as “prudent,” an adjective meaning to act with or show care and ...

  8. Canada lags behind most industrialized countries on key economic, fiscal indicators

    Appeared in the Financial Post, November 4, 2020 The Trudeau government has generally favoured relative comparisons of its performance (i.e. how we rate versus other countries) rather than historical comparisons. Recent data from the International ...

  9. Canada’s spending and deficits higher than comparable countries during pandemic

    Governments around the world have significantly ramped up spending due to the COVID-19 recession. However, recent data from the International Monetary Fund’s semi-annual fiscal monitor reveals that Canada has largely outpaced other ...

  10. How Much Could a Guaranteed Annual Income Cost?

    The recent implementation of the Canada Emergency Response Benefit (CERB) has sparked renewed interest in an old policy idea known as the Guaranteed Annual Income (GAI). There are many variants of the GAI concept. All of them, however, involve ...