The $5.4 billion projected deficit in 2015/16 is driven by higher spending—not a weak economy.
Government Spending & Taxes
April 1, 2016
10:41AM
March 31, 2016
10:26AM
American presidential candidates who want to emulate elements of the Canadian model invite significant negative unintended consequences.
March 30, 2016
9:55AM
Reforming OAS so that high-income seniors receive fewer benefits could produce cost-savings to pay for increased benefits to vulnerable seniors.
March 30, 2016
3:00AM
It’s fairly clear that most of the budget's ‘infrastructure’ spending is not aimed at improving Canada’s roads, bridges and highways.
March 25, 2016
3:00AM
The whole country (except Nunavut) will be encouraged to over-invest in public transit since, under the cost-sharing formula, new dollars will only cost 50 cents.
March 24, 2016
9:35AM
By 2017/18 spending will be up by $50 billion from 2014/15, representing a jump of 20 per cent.
March 23, 2016
2:28PM
In the Liberal budget, only 0.2 per cent of the $8.4 billion designated for Aboriginal people is for skills and employment training.
March 22, 2016
2:50PM
Budget projects an increase in total federal debt of approximately $113 billion over the next five years.
March 22, 2016
10:41AM
As the Liberals table their first budget today, federal government debt has reached $692 billion.
March 21, 2016
10:40AM
The provincial government created a new five-bracket tax system with a top tax rate increasing by 50 per cent.
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