bill morneau

2:50PM
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Budget projects an increase in total federal debt of approximately $113 billion over the next five years.


1:05PM
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The TD forecast shows a persistent federal deficit of approximately $30 billion a year for the foreseeable future.


3:00AM
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Prime Minister Trudeau recently said that infrastructure spending is “the key” to kick-starting Canada’s economy.


3:00AM
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Tax hikes—particularly on upper earners—tend to bring in less revenue for governments than expected because people change their behaviour in ways that reduce the impact of the tax hikes on their tax bill.