At 79 per cent, Canada had the fastest growth in its debt-to-GDP ratio in the G-7.
Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21.
The president wants to increase the federal corporate tax rate to 28 per cent.
By 2023/24, debt interest will consume 6.6 per cent of all provincial revenues.
Progressive economists sought to exclude “unfit” workers—mostly women and minorities—from the labour market.
According to the budget, debt interest payments will total $13.1 billion in 2021/22.
Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses.
Most of Ontario’s February employment gains were for part-time work.
According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest.
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