federal budget

3:00AM
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The recent federal budget paints a gloomy misleading picture of Canadian society.


2:58PM
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Of the $4 billion earmarked for 2016/17, only $1.6 billion will go to public transit and other municipal infrastructure.


10:41AM
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The $5.4 billion projected deficit in 2015/16 is driven by higher spending—not a weak economy.


11:36AM
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At $29.4 billion, the projected budget deficit in 2016/17 is larger than the cumulative budget deficits projected for the entire mandate in the Liberal platform.


9:55AM
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Reforming OAS so that high-income seniors receive fewer benefits could produce cost-savings to pay for increased benefits to vulnerable seniors.


3:00AM
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It’s fairly clear that most of the budget's ‘infrastructure’ spending is not aimed at improving Canada’s roads, bridges and highways.


3:00AM
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The whole country (except Nunavut) will be encouraged to over-invest in public transit since, under the cost-sharing formula, new dollars will only cost 50 cents.


9:35AM
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By 2017/18 spending will be up by $50 billion from 2014/15, representing a jump of 20 per cent.


2:28PM
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In the Liberal budget, only 0.2 per cent of the $8.4 billion designated for Aboriginal people is for skills and employment training.