federal government spending

3:49PM
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Canada’s spending and deficits higher than comparable countries during pandemic

Canada ranks 6th highest among 35 high-income for the share of the economy represented by government spending.


12:30PM
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Spend first, ask questions later—not sustainable fiscal policy
Running upwards of a $400 billion deficit for the duration of the pandemic is fiscally irresponsible.

10:26AM
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Guaranteed annual income program would guarantee big tax changes

All the disposable income of Canada’s top earners—those earning $250,000 or more annually—would fund only 25 per cent of the GAI.


10:18AM
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Ottawa has spent billions on its innovation agenda including $950 million to five hand-picked sectors of the economy.


4:27PM
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Federal finances remain vulnerable to fluctuating interest rates

In the 1990s, federal debt-interest costs routinely eclipsed 30 per cent of revenues.


9:44AM
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Policymakers must ditch their fashionable green recovery plans

Green technologies that were known money-losers pre-COVID remain money-losers today.


10:36AM
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Minister McKenna should re-consider plans for stimulus

Evidence suggests that a 1.0 percentage point increase in spending produces a 0.75 percentage point drop in economic growth.


11:19AM
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Any credible plan to fix federal finances must address pre-COVID spending

Indigenous and Northern Affairs represented the largest share of federal program spending growth.