federal government budget

11:18AM
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Cash

Federal program spending will reach a projected $321.5 billion next year—up 22.2 per cent since 2015.


11:39AM
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Two fiscal freight trains hurling toward Ottawa

The annual deficit from a recession could increase from its current level of $19 billion to almost $50 billion.


3:38PM
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Only a small portion of infrastructure spending will go towards building more efficient transportation corridors.

9:48AM
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Over the next five years, the federal government will add at least $113 billion in new debt with no plan for a balanced budget.

2:29PM
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In an attempt to increase transparency, Prime Minister Justin Trudeau has made “mandate letters” to his ministers publicly available. These letters are intended to clarify the focus of each minister’s portfolio.


10:00AM
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After seven years of budget deficits and over $160 billion in new debt, the federal government confirmed in its financial update Wednesday that it expects to record a surplus next year.