The Trudeau government’s recent fiscal update forecasted a $343 billion deficit this year.
Trudeau government—and provincial governments across Canada—can learn from past fiscal consolidations
Blog series part 2—Incomes, overall income economy grew more slowly under Liberals than before 2008-09 recession
Excluding residential investment, business investment dropped 17.3 per cent.
In 1990, Ontario’s debt-to-GDP ratio stood at 13 per cent.
The government increased income taxes for more than 80 per cent of middle-income families.
Indigenous and Northern Affairs represented the largest share of federal program spending growth.
The cost of servicing the province’s debt has increased to more than $2 billion.
The profit and loss system provides quick feedback on the quality of innovation.
The Trudeau government ran consistent deficits and accumulated significant debt over its first four years in office.
This year's federal budget deficit will be an estimated $343.2 billion.
Between the early 1970s and the mid-1990s, the federal government ran a deficit every year.
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