Overly politicized budgets, particularly budgets seemingly assembled haphazardly, risk producing poor policies.
federal government spending
Between 2013 and 2017, foreign investment in Canada declined by 55.1 per cent.
In 2018-19, per person federal program spending (adjusted for inflation) reached $8,869.
Program spending is set to grow again by 1.8 per cent this year.
Tuesday’s budget calls for spending to reach $329.4 billion.
All the estimates converge to a federal deficit of more than $12 billion by 2022-23.
The Trudeau government spent $8,639 per person in 2018-19.
Per-person spending levels reached $8,639 in 2018 under Prime Minister Justin Trudeau—only $72 short of the all-time high.
The risks of a recession this year or next are real.