Compared to fiscal year 2019-20, total federal spending in 2022-23 will be approximately 27 per cent higher.
federal deficits
November 3, 2022
4:24PM
At every opportunity, the government has spent unexpected revenue windfalls.
June 15, 2022
1:32PM
So-called "stimulus spending" displaces future private spending and reduces future economic growth.
June 8, 2022
8:10PM
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.
March 28, 2022
3:56PM
Canada's productivity growth and levels of business investment have been lacklustre for decades.
March 15, 2022
5:00AM
Rules that impose mandatory fiscal discipline help produce better and more responsible fiscal outcomes.
December 9, 2021
8:25AM
Canada ranked 30th of 38 industrial countries for its average rate of economic growth from 2015 to 2019.