Government Spending & Taxes

— Mar 12, 2024
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The Cost of Business Subsidies in Canada: Updated Edition is a new study that finds Canadian governments spent $52 billion in 2022 subsidizing businesses across all provinces—including federal, provincial, and local spending.

— Feb 29, 2024
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Quebec Premiers and Provincial Government Spending

Quebec Premiers and Provincial Government Spending is a new study that finds Premier François Legault holds the record for the highest per-person spending levels in Quebec—even excluding COVID-related spending—at $14,487 (2021) and $13,705 (2020), and Legault has overseen the third-highest rate of average annual per person spending growth at 7.3 per cent.

— Feb 21, 2024
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British Columbia’s Current Spending Peak: Highest in History, Highest Growth in Canada finds that the B.C. government’s per-person spending in 2022/23, the latest year of available data, was nearly 20 per cent higher than in 2019/20.

— Feb 13, 2024
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A Case for Spending Restraint in Canada: How the Federal Government Can Balance the Budget

A Case for Spending Restraint: How the Federal Government Can Balance the Budget is a new study that finds the federal government could achieve a balanced budget within a couple short years with only modest spending restraint, such as slowing the growth in nominal program spending by only 4.3 per cent.

— Feb 13, 2024
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Canada’s Challenge in Meeting NATO’s Defence Spending Target

Canada’s Challenge in Meeting NATO’s Defence Spending Target is a new essay in the Institute’s series on federal reforms, which highlights how Canada is unlikely to meet the NATO spending target of two per cent of GDP without running large deficits and accumulating debt.

— Feb 6, 2024
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Is the Federal Daycare Program Achieving Its Stated Goals?

Is the Federal Daycare Program Achieving Its Stated Goals? is a new study that finds the federal government’s initiative to expand subsidized daycare and raise the labour force participation rate of women has produced few results, nor has the roll-out of daycare meaningfully expanded employment in the industry.

— Feb 1, 2024
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Adrift without an Anchor

Adrift without an Anchor: Federal Fiscal Policy and Canada’s Long-Term Debt Ratio finds that that there is a 44 per cent chance that the federal debt to GDP ratio will increase by 2036-37, and a 59 per cent chance it will increase by 2046-47—meaning the federal government would fail to stick to its core fiscal goal.

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