According to estimates, economic growth is maximized when government spending is about 26 per cent of GDP.
government spending
April 20, 2021
9:49AM
Budget 2021 includes $30 billion over five years for national childcare.
March 31, 2021
12:18PM
Federal program spending in 2021 will reach a projected $11,370 per person—or 18.7 per cent of the economy.
March 25, 2021
1:44PM
The string of deficits will increase Nova Scotia’s government debt by nearly 40 per cent from 2019/20 to 2024/25.
August 28, 2020
3:38PM
It’s been almost 20 years since the U.S. federal government balanced its budget.
August 28, 2020
1:59PM
If Prime Minister Trudeau keeps his commitment to no new taxes, borrowing will finance the proposed expansion.
May 1, 2020
11:38AM
Total provincial government deficits will reach an estimated $63.0 billion this year.