The Biden administration plans to increase the U.S. federal corporate tax rate from 21 per cent to 28 per cent.
Blog - Fraser Forum
Per-capita solid waste disposal declined by 10 per cent between 2002 and 2018.
From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation.
Program spending is projected to increase from pre-pandemic levels by 15.2 per cent in 2021/22.
Budget 2021 includes $30 billion over five years for national childcare.
The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999.
The plan includes a “carbon price” between $20 per tonne and $50 per tonne on fuels.
Nearly 60 per cent of the Liberal infrastructure spending was on “green” and “social” projects.
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.
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