federal budget

12:12PM
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Modern Monetary Theory remains a dangerous policy prescription in Canada and beyond

Many economists warn about ballooning budget deficits and the potential for higher interest rates in the future.


9:31AM
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Trudeau government fuels economic uncertainty

The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.”


1:29PM
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Federal budget speech disregards key drivers of economic prosperity

From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation.


9:49AM
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Trudeau government pushes national childcare onto premiers’ plate

Budget 2021 includes $30 billion over five years for national childcare.


7:25PM
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Federal ‘stimulus’ spending will likely arrive late with minimal benefits

The government says $101 billion in stimulus spending is required for “sustained economic recovery.”


4:25PM
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Federal budget lacks realistic recovery plan despite all the red ink

The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999.


3:00AM
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Stimulus spending on infrastructure won’t ‘kickstart’ COVID recovery

Federal debt as a share of the economy will reach roughly 56 per cent, the highest percentage since 1998.