As the federal government increases its spending estimates, it further delays plans to reduce the deficit.
federal spending
The federal government plans to abandon the Phoenix pay system after spending $3.5 billion trying to implement it.
The government is pouring billions into subsidizing child care, artificially inflating demand.
The cost of the three programs comprised a mere 4.1 per cent of CTV’s coverage and 3.7 per cent of CBC’s coverage.
Since 2015/16, federal gross debt has approximately doubled from $1.1 trillion to an expected $2.1 trillion this year.
From 2007 to 2022, Albertans contributed $244.6 billion more to the federal government than they received.
The federal government's debt will reach a projected $2.1 trillion in 2024/25.
Because of its own failures to responsibly manage the nation’s finances, Canada is in a weak fiscal position to increase defence spending.