The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.
recession
November 9, 2018
10:28AM
The higher-than-expected inflation of the late-1980s was one reason the bank switched to inflation targeting.
November 1, 2018
9:39AM
According to recent estimates, the government won’t achieve a balanced budget until 2045.
October 25, 2018
9:21AM
Over a ten-year period, Canada’s general government gross debt rose from 69 per cent to 87 per cent.
September 10, 2018
12:55PM
Between 2004 and 2014, Alberta created more than 350,000 jobs.
July 20, 2018
3:54PM
The two biggest automatic stabilizers from Ottawa are income taxes and employment insurance payments.
March 23, 2018
3:48PM
A phrase heard almost hourly at the conference was “this time is different.”
October 3, 2016
3:30AM
Canada raised tariffs in the 1930s and sunk into the Great Depression.
July 7, 2016
3:00AM
In the story, the government makes owning gold illegal and confiscates all gold coins and jewelry.