In the Liberal budget, only 0.2 per cent of the $8.4 billion designated for Aboriginal people is for skills and employment training.
federal budget
For the most part, the government did not decide to reform or cut low-priority spending or ineffective programs.
As the Liberals table their first budget today, federal government debt has reached $692 billion.
Since 2007/08, Canada’s federal debt has grown by $176 billion to $692 billion in 2015/16.
On the eve of the new Liberal government’s first federal budget, the key is to get incentives right at home.
The new federal Liberal government will table its first budget next week, with media reports suggesting a deficit triple the amount promised during the election campaign.
The TD forecast shows a persistent federal deficit of approximately $30 billion a year for the foreseeable future.
Per capita federal net debt (in 2015 dollars) grew from $577 in 1870 to $19,302 in 2015.
Once new major spending is factored in, the annual deficit is likely to be more than $25 billion.