Ontario’s budget deficit will likely be the largest in provincial history.
Blog - Fraser Forum
It’s been almost 20 years since the U.S. federal government balanced its budget.
If Prime Minister Trudeau keeps his commitment to no new taxes, borrowing will finance the proposed expansion.
The Kenney government now faces a massive $24.2 billion budget deficit.
The federal budget deficit in 2020-21 will be the largest in Canadian history.
Bill C-69 overhauled the entire environmental assessment of major projects and made the regulatory system more complex.
The province's deficit this year will be 4.6 per cent larger than the Ontario economy.
Some workers remain unemployed because the benefits are generous.
To make matters worse, Alberta recently received its third credit downgrade since December.
Evidence suggests that a 1.0 percentage point increase in spending produces a 0.75 percentage point drop in economic growth.
Subscribe to the Fraser Institute
Get the latest news from the Fraser Institute on the latest research studies, news and events.