The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.
According to the PBO, provincial cooperation with the federal carbon floor may reduce the size of Canada's economy by 0.5 per cent in 2020.
The recent move by Kinder Morgan on the Trans Mountain pipeline was a massive blow to Canada’s investment attractiveness.
Private-sector investment in factories and other structures down more than 23 per cent.
The federal carbon-price scheme raises Alberta’s carbon tax to $50 per tonne by 2022.
Canada’s federal net debt will climb to $831.5 billion by 2022-23.
The budget proposes cumulative deficits totalling $72.8 billion over the government’s first mandate.
The government has once again refused to set a timeline for returning to a balanced budget.
This $51 billion increase in spending represents total growth of 20.1 per cent in just three years.
The Trump administration has significantly improved the business environment in the U.S.