fiscal update

4:30AM
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Proclaiming your government ‘fiscally responsible’ does not make it so

According to projections, this federal government will possess the eight highest levels of per-person spending in Canadian history.


4:22PM
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Saskatchewan’s surprise deficit should serve as warning for Alberta

The provincial government revised its $1.0 billion projected budget surplus to a $250.5 million projected deficit.


4:24PM
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At every opportunity, the government has spent unexpected revenue windfalls.

At every opportunity, the government has spent unexpected revenue windfalls.


4:22PM
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Federal finances improve marginally, but the Trudeau government ignores risks  Federal finances improve marginally, but the Trudeau government ignores risks

According to the update, the government will continue to spend well in excess of projected revenues.


3:00AM
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As Trudeau government tables budget, don’t be fooled by positive short-term economic news

Between 2016 and 2019, per-person GDP grew at an average annual rate of only 0.8 per cent.


3:30PM
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Just six months into its 2018/19 plan, the government upped spending by $8 billion.