Government Spending & Taxes

— 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.

— Jan 12, 2024
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Understanding the Nature of Canada’s Fiscal and Economic Challenges

Understanding the Nature of Canada’s Fiscal and Economic Challenges is a new essay—the first in the Institute’s upcoming series on federal policy reforms—that documents the marked deterioration of Canada’s finances, economic stagnation and the collapse in business investment the country has suffered since 2015.

— Jan 11, 2024
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Growing Debt Burden for Canadians: 2024 Edition

The Growing Debt Burden for Canadians: 2024 Edition is a new study that finds not only has Canada’s projected combined government debt (the federal debt and the provincial debt of all 10 provinces) nearly doubled since 2007/08, the year before the 2008 financial crisis, but the combined debt now equals 76.2 per cent of the Canadian economy.

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