So-called "stimulus spending" displaces future private spending and reduces future economic growth.
federal debt
June 3, 2022
11:02AM
In 2020, the federal expenditure share jumped to 40 per cent.
May 31, 2022
9:56AM
The federal government projects a budget deficit of $52.8 billion for 2022.
May 25, 2022
8:22AM
The Ontario government projects a $19.9 billion deficit this year and continued deficits until 2027-28.
May 18, 2022
3:54PM
The federal government projects a $52.8 billion budget deficit for 2022/23.
May 6, 2022
3:00AM
The expansion of the Canada Child Benefit was financed largely by borrowing.
April 21, 2022
9:19AM
Federal debt interest will cost a projected $42.9 billion in 2026/27.
March 28, 2022
10:23AM
The federal debt is expected to eclipse $2 trillion by 2025-26.
March 15, 2022
5:00AM
Rules that impose mandatory fiscal discipline help produce better and more responsible fiscal outcomes.