The Trudeau Liberals initially promised to run deficits for three years to finance spending increases.
The relative size of government in Canada is well beyond the “optimal” size for promoting productivity growth.
Canada ranks 6th highest among 35 high-income for the share of the economy represented by government spending.
Borrowing costs could increase without interest rates changing if lenders believe Canada is becoming a bigger credit risk.
The federal budget deficit in 2020-21 is an esitmated $343.2 billion.
The federal budget deficit in 2020-21 will be the largest in Canadian history.
More than $185 billion in net investment left the country from 2014 to 2019.
The federal budget deficit has skyrocketed to 15.9 per cent of Canada's economy.
Government decisions can also result in inefficiencies or mistakes.