Liberals’ fiscal update shows billions more in deficits but steady economy
Finance Department said the deeper deficit is largely driven by changes to how employee pensions and benefits are calculated.
Budget deficits can increase social inequality
Burden falls on the whole population, and low-income Canadians can least afford to contribute.
Liberal budget to applaud Canada’s economy, but who deserves credit?
Over the last few years, the Liberals have spent billions more than they promised in their 2015 election platform.
Trudeau’s deficits: Short-term gain, long-term pain
Saddles future generations with the risk and the fallout.
Slimmer deficits in federal budget, ‘big bets’ on high growth sectors
Boosting revenues via new tax measures and higher premiums on EI program.
Happy 150th Canada: Net debt to hit $727.5B this year
Fraser Institute report warns a period of chronic deficits and ballooning debt looms.
Canada joins global anti-austerity club
Trudeau touts new stance at international meetings.
No end in sight for deteriorating federal fiscal position
Budget deficits are once again becoming routine in Ottawa
Ontario’s huge deficits beat disadvantaged Rust Belt
Study says states have significantly less debt, despite same external challenges.
Time for Canada to lose some weight
Government revenues have not returned to pre-recession levels and spending has grown to such an extent that a substantial portion of core program funding is debt financed.