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Federal government’s spending rationale based on misleading debt picture
Canada has the fifth-highest level of total indebtedness (relative to the size of our economy) among 29 industrialized countries. ...
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Caution Required When Comparing Canada’s Debt to that of Other Countries
The federal government continues to rationalize its debt-financed spending based on international comparisons showing Canada with the lowest level of debt in the G7. Of the two broad measures of debt, gross debt includes most forms of debt while ...
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Reality check—the dangers of debt accumulation
Canada's total government debt now equals 107 per cent of GDP. ...
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2021 budgets establish uncertain future for government finances in Canada
The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22. ...
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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. ...
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Trudeau government spending large on Canada’s credit card
Federal program spending in 2021/22 is $54.4 billion higher than planned in November 2020. ...
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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. ...
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Federal Budget 2021—a preview of what you won’t see
At 79 per cent, Canada had the fastest growth in its debt-to-GDP ratio in the G-7. ...
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Interest on federal debt—a growing problem
Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21. ...
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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. ...