Federal debt is projected to rise from 42.4 per cent of GDP in 2022 to 43.5 per cent of GDP in 2023.
canadian federal budget
March 28, 2023
3:05PM
The budget speech never mentioned the word “entrepreneurship."
March 22, 2023
12:30PM
The Trudeau government has recorded the five highest levels of federal spending per person in Canadian history.
April 8, 2022
9:06AM
Higher government spending will lead to higher taxes and lower rates of economic growth.
March 11, 2022
8:18AM
Ottawa will likely have more revenue—perhaps considerably more—than forecast when the government tables the budget.
April 15, 2021
12:33PM
Nearly 60 per cent of the Liberal infrastructure spending was on “green” and “social” projects.
April 14, 2021
12:08PM
At 79 per cent, Canada had the fastest growth in its debt-to-GDP ratio in the G-7.
April 8, 2020
5:30AM
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.
February 27, 2020
1:00AM
March 28, 2019
11:05AM
Between 2013 and 2017, foreign investment in Canada declined by 55.1 per cent.