In 2018, per person program spending (inflation adjusted) reached $8,869, the highest point in Canadian history.
In 2018-19, per person federal program spending (adjusted for inflation) reached $8,869.
The risks of a recession this year or next are real.
The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.
The reasonable approach to balancing the budget is to find savings and reduce spending—not raise taxes.
In their first full budget, Prime Minister Trudeau’s Liberals increased spending by $66.3 billion over a four-year period.
By 2017/18 spending will be up by $50 billion from 2014/15, representing a jump of 20 per cent.
The best way to help Alberta’s economy is to enhance the province's competitiveness and attractiveness for investment and entrepreneurship.