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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. 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. ...

  3. 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 ...

  4. Why federal deficits to 2055 really matter

    The federal finance December 2016 update of long-term economic and fiscal projections recently made news across the country. The projections simulate what the federal government’s long-term finances may look like under certain ...

  5. Despite relatively robust economy, Manitoba in deficit since 2009

    Manitoba’s newly-elected government faces some important fiscal challenges. Despite a provincial economy that has been performing relatively well given its diversified economic base, there has developed a persistent gap between ...

  6. 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, ...

  7. A really quick history of Canada’s federal debt

    With the federal government poised to table a budget in two weeks and embark on a new era of deficit financing and debt accumulation, it’s useful to take a quick long-term look at the finances of the federal government from a more ...