Since 2015, federal spending has increased by more than 76 per cent.
program spending
According to projections, the federal debt will increase by nearly 20 per cent over the next four years.
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.
From 2019-20 to 2024-25, the government increased program spending by more than 50 per cent.
In reality, Canada’s government debt is high relative to other comparable countries.
The government increased projected nominal program spending by $10.1 billion since the fiscal update last fall.
Government borrowing crowds out private investment and lowers the economy’s productive potential.
In the region, on a per-person basis, Toronto spent the least on waste disposal, sewer systems and other environmental infrastructure.