Federal program spending in 2021 will reach a projected $11,370 per person—or 18.7 per cent of the economy.
The 2016-2019 period had the weakest economic performance of the five periods analyzed.
Canada’s gross debt will increase this year by almost $120 billion.
Canada would benefit from a stricter separation of business and state.
Per-person spending levels reached $8,639 in 2018 under Prime Minister Justin Trudeau—only $72 short of the all-time high.