According to estimates, economic growth is maximized when government spending is about 26 per cent of GDP.
program spending
April 20, 2021
10:29PM
Program spending is projected to increase from pre-pandemic levels by 15.2 per cent in 2021/22.
October 23, 2020
11:45AM
The federal debt will reach nearly 70 per cent of GDP by 2050.
April 3, 2020
10:12AM
Governments can find themselves at a new baseline spending level far in excess of revenues.
March 20, 2019
7:53AM
Program spending is set to grow again by 1.8 per cent this year.
December 22, 2017
7:00AM
The $10.3 billion deficit the province plans to run this year is just shy of the provincial record of $10.8 billion set last year.
May 26, 2017
9:19AM
The federal government plans to spend $8,337 (per person) this fiscal year.
May 12, 2017
10:27AM
The first two years of the Notley government have been marked by spending and tax increases.