Over the last few years, the Liberals have spent billions more than they promised in their 2015 election platform.
Saddles future generations with the risk and the fallout.
Boosting revenues via new tax measures and higher premiums on EI program.
Fraser Institute report warns a period of chronic deficits and ballooning debt looms.
Trudeau touts new stance at international meetings.
Budget deficits are once again becoming routine in Ottawa
Study says states have significantly less debt, despite same external challenges.
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.