federal finances

10:41AM
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Reality of government matters when assessing policy options

Such implicit or explicit assumptions invariably lead to unintended consequences.


10:57AM
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Trudeau government should provide fiscal update—now
More than 8 million applicants successfully applied for the CERB.

11:38AM
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Governments across Canada must reduce spending post-recession

Total provincial government deficits will reach an estimated $63.0 billion this year.


1:06PM
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Pandemics, social upheaval and government spending

Federal deficit estimates range from $100 billion to $200 billion for fiscal year 2020-21.


11:06AM
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Morneau doubles down on deficit-spending plans

According to current projections, the federal deficit will reach $26.6 billion this year.


9:55AM
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More bad news for federal finances—even worse if recession hits

The deficit is now pegged at $26.6 billion for 2019/20—$6.8 billion more than originally planned in last spring's budget.


12:20PM
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Federal government making up fiscal rules on the fly

The federal debt-to-GDP ratio increased from 30.8 per cent to 31.0 per cent.


11:18AM
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Throne speech ignores realities of federal finances
The unemployment rate rose to 5.9 per cent, in the biggest one-month jump since the 2009 recession.