Alberta's budget deficit will hit a projected $24.2 billion in 2020/21.
Blog - Fraser Forum
Canada ranks 6th highest among 35 high-income for the share of the economy represented by government spending.
Investment in Canada’s oil and gas sector has declined by 35 per cent.
The share of the population over 65 is projected to grow from about 18 per cent to nearly 26 per cent.
The Trudeau government sees the government itself as the driver of prosperity, and the private sector, including entrepreneurs, small business owners and investors playing a secondary role.
Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.
The fundamental idea is for government to ensure a minimum annual income for all Canadians.
The federal budget deficit in 2020-21 is an esitmated $343.2 billion.