From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation.
Budget 2021 includes $30 billion over five years for national childcare.
The government says $101 billion in stimulus spending is required for “sustained economic recovery.”
The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999.
Federal debt as a share of the economy will reach roughly 56 per cent, the highest percentage since 1998.
Nearly 60 per cent of the Liberal infrastructure spending was on “green” and “social” projects.
At 79 per cent, Canada had the fastest growth in its debt-to-GDP ratio in the G-7.
Ottawa annually pocketed $22 billion more in revenue from Alberta than it spent in the province.