The Trudeau government’s recent fiscal update forecasted a $343 billion deficit this year.
federal spending
July 27, 2020
9:49PM
July 23, 2020
11:57AM
The government increased income taxes for more than 80 per cent of middle-income families.
July 8, 2020
11:53AM
The national debt is approaching $1 trillion.
June 30, 2020
4:13PM
Between the early 1970s and the mid-1990s, the federal government ran a deficit every year.
June 15, 2020
10:41AM
Such implicit or explicit assumptions invariably lead to unintended consequences.
May 27, 2020
12:32PM
Total expected federal per-person spending will eclipse $13,000 in 2020-21.
April 28, 2020
1:00AM
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.
March 6, 2020
9:57AM
The national debt will hit an estimated $713.2 billion this year.