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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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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. ...
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Advocates of universal basic income ignore enormous price tag
A basic income program will disincentivize work and may not alleviate poverty. ...
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Trudeau government weakened Canada’s economy well before COVID-19
The government offset the benefits of the lower tax rate by eliminating tax credits. ...
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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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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. ...
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Rising debt interest costs further threaten Alberta finances
By 2023/24, debt interest will consume 6.6 per cent of all provincial revenues. ...
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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. ...
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Prime Ministers and Government Spending: 2021 Edition
Ottawa spent twice as much per Canadian in 2020 ($17,091) as it did at height of WWII ($7,769) ...
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Prime Ministers and Government Spending: 2021 Edition
Federal program spending in 2021 will reach a projected $11,370 per person—or 18.7 per cent of the economy. ...