federal government spending
Over the next five years, the federal government will add at least $113 billion in new debt with no plan for a balanced budget.
Ottawa has hiked taxes on Canada’s most skilled and educated workers.
The federal government has increased spending by 7.6 per cent this year alone.
The new Canada Child Benefit program, and the expansion of the CPP, may hurt middle-income Canadians.
Governments across Canada will spend millions on Canada Day celebrations in the next week or so.
At $29.4 billion, the projected budget deficit in 2016/17 is larger than the cumulative budget deficits projected for the entire mandate in the Liberal platform.
This year alone, spending is projected to increase by $20.5 billion, a 7.6 per cent jump.
For the most part, the government did not decide to reform or cut low-priority spending or ineffective programs.