Government Spending & Taxes

— 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.

— Jan 30, 2024
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Alberta’s Underlying Budget Deficit finds that if not for historically high resource revenue, the Alberta government would run a large budget deficit this year and the next two years.

— Jan 25, 2024
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Federal and Provincial Debt-Interest Costs for Canadians, 2024 Edition

Federal and Provincial Debt-Interest Costs for Canadians: 2024 Edition is a new study that finds taxpayers across Canada will pay a total of $81.8 billion on interest payments for the federal and provincial debts in 2023/24, with $46.5 billion alone spent on debt servicing charges.

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