The province expects a $15.5 billion budget deficit next year.
Government Spending & Taxes
December 10, 2020
10:59AM
The Trudeau government raised the cap from $60 per person to $170.
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.
October 15, 2020
4:38PM
The share of the population over 65 is projected to grow from about 18 per cent to nearly 26 per cent.
September 24, 2020
3:28PM
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.
September 23, 2020
3:02PM
Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.
September 18, 2020
11:01AM
The fundamental idea is for government to ensure a minimum annual income for all Canadians.
September 17, 2020
4:43PM
The federal budget deficit in 2020-21 is an esitmated $343.2 billion.
September 10, 2020
10:18AM
Ottawa has spent billions on its innovation agenda including $950 million to five hand-picked sectors of the economy.
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