The prime minister disbanded the Expenditure Review Committee, which assessed the efficacy of government programs.
federal finances
January 19, 2021
9:58AM
The Liberals ran three years of deficits totalling $51.9 billion, more than double the amount promised during the campaign.
December 7, 2020
1:06PM
The federal net debt may rise from $812.9 billion in 2019-20 to more than $1.4 trillion by 2025-26.
December 3, 2020
3:49PM
Eliminating the entire equalization program this year would reduce the federal deficit by only 5.4 per cent.
December 3, 2020
3:45PM
This year's federal budget deficit will reach an estimated $381.6 billion.
December 2, 2020
10:43AM
Up to $22.3 billion of income stabilization spending was likely wasted or poorly targeted.
November 30, 2020
5:38PM
Per-person federal government program spending will reach an estimated $16,350 in 2020.
November 27, 2020
6:21PM
This government has not released a long-term forecast of spending, taxation and borrowing since 2018.
November 25, 2020
10:58AM
Between fiscal years 2014/15 and 2018/19, Alberta’s net contribution to Confederation was $94.9 billion.
October 23, 2020
11:45AM
The federal debt will reach nearly 70 per cent of GDP by 2050.