Governments can find themselves at a new baseline spending level far in excess of revenues.
program spending
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.
May 10, 2017
12:27PM
Ontario carries a debt burden close to 40 per cent of GDP.
April 28, 2017
9:10AM
Ontario debt interest payments now stand at roughly $1 billion per month.
March 27, 2017
11:36AM
In 2017/18, Alberta program spending will be 11 per cent higher than when the government took power in 2015/16.