In 2020, the federal expenditure share jumped to 40 per cent.
federal government spending
Residents in all provinces already pay more than $550 per person annually on government debt interest.
The expansion of the Canada Child Benefit was financed largely by borrowing.
The projected federal deficit in 2022-23 is 34 per cent higher than the deficit in 2019-20.
The projected federal deficit for 2022/23 could have been reduced by more than 42 per cent had the government stuck to last spring's spending plan.
A lack of fiscal prudence left Canada vulnerable when the pandemic hit.
Cutting regulatory red tape and removing internal trade barriers could help boost improve economic performance.
Canada's productivity growth and levels of business investment have been lacklustre for decades.
The federal debt is expected to eclipse $2 trillion by 2025-26.