federal budget

3:01PM
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Federal budget’s scale of spending and debt reveal a government lacking self-control

In 2024/25, federal program spending will reach a projected $483.6 billion—up $16.1 billion from the previous budget’s estimates.


4:30AM
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Proclaiming your government ‘fiscally responsible’ does not make it so

According to projections, this federal government will possess the eight highest levels of per-person spending in Canadian history.


9:30AM
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Federal government should cut taxes in upcoming budget to spur economic growth

From 2013 to 2022, per-person economic growth—a broad measure of living standards—was at its lowest rate since the Great Depression.


2:30AM
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It’s time for an honest conversation about the costs of new federal programs

Support for government-funded pharmacare, dental care and daycare plummeted to well below 50 per cent if the programs are paid for by tax hikes.


3:30AM
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Federal government should listen to Canadians and restrain spending in upcoming budget

In 2023/24, interest costs on federal government debt will reach a projected $46.5 billion.


2:30AM
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Balance budget within reach—if Ottawa restrains spending

Since 2014/15, annual federal program spending has increased by $193.6 billion—or 75.5 per cent.


4:30AM
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Federal government will likely violate another self-imposed fiscal rule

The inability to control spending remains the primary reason for Ottawa's string of deficits.


2:30AM
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Federal government can balance budget with relatively modest spending restraint

The government is on track to run nine consecutive budgets deficits, with all but one exceeding $10 billion.


12:00PM
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Federal government’s record-breaking spending saddles Canadians with huge debt

By the end of this fiscal year, the federal government will have racked up $591.9 billion in debt since 2015.