federal deficits

3:54PM
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Future generations of Canadians will pay for today’s deficit spending

The federal government projects a $52.8 billion budget deficit for 2022/23.


3:56PM
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Upcoming federal budget—get ready for massive spending increase

Canada's productivity growth and levels of business investment have been lacklustre for decades.


5:00AM
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Rules of the game matter, even in politics

Rules that impose mandatory fiscal discipline help produce better and more responsible fiscal outcomes.


8:25AM
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Trudeau government ignores dreary economic numbers

Canada ranked 30th of 38 industrial countries for its average rate of economic growth from 2015 to 2019.


10:36AM
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Ottawa’s ballooning debt and deficits should be major campaign issue

Canada has the fifth-highest level of total government debt among 29 industrialized countries.


8:48AM
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Trudeau rhetoric can’t change Canada’s fiscal reality

Due to federal tax changes, 61 per cent of low-income families face higher personal income taxes.


12:12PM
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Modern Monetary Theory remains a dangerous policy prescription in Canada and beyond

Many economists warn about ballooning budget deficits and the potential for higher interest rates in the future.


12:03PM
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Interest on federal debt—a growing problem

Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21.


2:23PM
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Trudeau government poised to embrace much more federal debt

This year's federal budget deficit will reach a projected $381 billion.