Government Spending
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Ottawa ends pandemic programs, shifts priorities in $449B spending planWhile the government's tries to lower discretionary spending, overall spending will grow next year driven by higher debt servicing costs and transfers to seniors and provinces.PoliticsMar 7
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Billion-dollar rapid-test contracts favoured Chinese imports over cheaper Canadian-made devicesTwo COVID-19 importers participating in an initiative to help grow small Canadian businesses charged more to sell rapid tests to the federal government than Canadian manufacturers.InvestigationsFeb 29
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Ottawa wants billions more for debt, defence, Indigenous kidsThe single biggest item the government needs more money for is an extra $3.2 billion to service the national debt.CanadaFeb 20
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Pace of government spending ‘not helpful’ in efforts to tame inflation: MacklemThe governor of the Bank of Canada is urging governments' fiscal policymakers to keep the inflationary impact of their spending plans in mind when setting their budgets.MoneyOct 25, 2023
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Canadians not delaying major life events despite rising inflation: pollAs Canadians are battling inflation, a recent CIBC poll found that while up to 61 per cent have done some form of cost-cutting, few will postpone major life events.CanadaSep 22, 2023
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Does high government spending fuel inflation? Economists says ‘it’s more complicated’While most fiscal experts agree that government spending can fuel inflation, economic research suggests the link between the two is more complex.CanadaJun 19, 2023
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Ottawa spends millions on 944K phone lines. Nearly a third are ‘dormant’The information comes as Finance Minister Chrystia Freeland has vowed to find more than $15 billion in savings from the federal budget over the next four years.PoliticsApr 1, 2023
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Global Affairs Canada slammed in audit for not tracking billions in foreign aidCanada's auditor general has released new reports scrutinizing government spending, and says flaws in decision making and transparency can mar progress.CanadaMar 27, 2023
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What’s fuelling inflation? Bank of Canada’s Macklem grilled on Ottawa’s spending plansThe head of the Bank of Canada offered some comments on how the federal government's spending plans does and does not impact inflation at Wednesday's finance committee.EconomyFeb 16, 2023
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Feds vow to work with any committee probe into McKinsey contract reports'We have not received a formal request ... but (we) will work with the committee if a motion is adopted on the matter,' Procurement Minister Helena Jaczek's office said.CanadaJan 11, 2023
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