federal spending

5:30AM
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Contrasting the Budget Rules of Chrétien and Trudeau: Part 1

Whereas the Chrétien government used balanced budgets as a guiding fiscal anchor, the Trudeau government has not had an effective fiscal rule imposing discipline on its spending, taxing, and borrowing decisions, resulting in the federal government being less prepared to respond to the current recession.


10:07AM
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Canadians paying dearly for government debt in Canada

Ottawa is expected to spend $24.4 billion on federal government debt interest costs in 2019/20.


9:27AM
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Federal spending reaches highest level in Canadian history

The Trudeau government's per-person spending is expected to reach $9,066.


8:20AM
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Alberta could pull policy levers that would spread the pain
If Alberta withdrew from the CPP, the basic rate would have to rise to 10.6 per cent.

12:20PM
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Both Trudeau and Harper increased size of federal government

In 2018, per person program spending (inflation adjusted) reached $8,869, the highest point in Canadian history.


1:28PM
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Size of government matters

In 2018-19, per person federal program spending (adjusted for inflation) reached $8,869.


4:14PM
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The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.