Prices are almost completely nonexistent for government-provided goods and services.
Government Spending & Taxes
April 14, 2020
5:30AM
April 9, 2020
1:06PM
Federal deficit estimates range from $100 billion to $200 billion for fiscal year 2020-21.
April 9, 2020
11:48AM
The COVID crisis combined with the oil-price war will reduce revenue and trigger spending increases.
April 8, 2020
5:30AM
Whereas the Chrétien government used balanced budgets as a guiding fiscal anchor, the Trudeau government has not had an effective fiscal rule imposing discipline on its spending, taxing, and borrowing decisions, resulting in the federal government being less prepared to respond to the current recession.
April 3, 2020
12:31PM
The auditor general noted there were 3.8 million more social insurance numbers for Canadians 20 years and older than actual people in that age group.
April 3, 2020
10:12AM
Governments can find themselves at a new baseline spending level far in excess of revenues.
April 1, 2020
4:17PM
For now, the new wage subsidy program will cost $71 billion.
March 30, 2020
1:31PM
Default risk and exchange-rate risk increase for foreign lenders as they increase their holdings of any government’s debt.
March 30, 2020
9:36AM
Provincial government debt-service costs are set to reach $13.2 billion this year.
March 27, 2020
2:50PM
Effectively, the CERB will now cost $40 billion, up from $15 billion.
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