According to the PBO, 60 per cent of households in Alberta, Ontario, Saskatchewan and Manitoba will pay more in carbon taxes than what they receive in rebates.
The projected federal deficit in 2022-23 is 34 per cent higher than the deficit in 2019-20.
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.
Rules that impose mandatory fiscal discipline help produce better and more responsible fiscal outcomes.
Ottawa will likely have more revenue—perhaps considerably more—than forecast when the government tables the budget.
Federal net debt will reach a projected $1.3 trillion in 2021/22.
Only seven industrialized countries had higher levels of government indebtedness than Canada.