federal deficits

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.


11:36AM
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Alberta’s woes threaten Canada’s finances from coast to coast

Ottawa annually pocketed $22 billion more in revenue from Alberta than it spent in the province.


9:11AM
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Trudeau government can’t bank on low interest rates forever

A one percentage point increase in the effective interest rate would increase Ottawa's annual debt interest costs by $13.8 billion.


11:55AM
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Governments betting on low interest rates may experience rude awakening

The Trudeau government will run a record budget deficit approaching $400 billion.


9:58AM
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To fulfill Trudeau’s latest fiscal promise, spring budget must chart path to budget balance

The Liberals ran three years of deficits totalling $51.9 billion, more than double the amount promised during the campaign.


9:25AM
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Trudeau government must chart credible plan to balance federal budget

Ottawa expects the federal deficit to reach $381.6 billion in 2020/21.