Canada Deficit

• Liberals’ fiscal update keeps $40B deficit, pledges new shortfall guidelines

  Finance Minister Chrystia Freeland presented her fiscal update in the House of Commons, stressing the pressure inflation and a slowing economy are putting on federal finances.

  Economy

  Nov 21, 2023
  
• The West Block — Episode 28, Season 12

  Calls for a major overhaul of the RCMP after a critical report into the mass shooting in Nova Scotia: the interim commission faces questions on the path forward, and interference.

  Canada

  Apr 2, 2023
  
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• Ottawa cut deficit down to $69.8B during most of last fiscal year

  In its monthly fiscal monitor report, the Finance Department says the tally compared with a deficit of $282.6 billion for the same period of 2020-21.

  Economy

  Apr 29, 2022
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• Budget 2022: Feds eye growth with $31B in net new spending

  The 2022 budget released includes more than $31 billion in new spending over the next five years. The new spending has increased the fiscal year's deficit to $52.8 billion.

  Politics

  Apr 7, 2022
• Liberals under pressure to balance budget and policy asks in fiscal update

  Inflation rates that have hit 18-year highs, along with strong growth in employment and the domestic economy, could cause the government to ease up on its platform spending plans.

  Politics

  Dec 12, 2021
• Balance the budget or spend, spend, spend? Canadians divided amid pandemic election

  Ipsos Public Affairs CEO Darrell Bricker said the data suggests many feel a less pressing economic threat from the pandemic and are thinking about what comes next.

  Canada

  Aug 28, 2021
• Spending down, revenue up: Feds post $12.7B deficit for June

  The drop in the deficit came as spending dropped compared with a year ago when Ottawa spent billions on emergency aid due to the pandemic and revenue improved.

  Economy

  Aug 27, 2021
• Did Justin Trudeau’s COVID-19 spending boost live up to the Liberal government’s billing?

  Have Canadians gotten good value for their deficit dollar? Daniel Tencer looks at the data.

  Commentary

  Aug 20, 2021
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• National child care coming in 2021 budget, Liberals pledge

  The Liberal government is proposing a massive down payment on a planned national child-care system they say will be outlined in next spring's budget.

  Canada

  Nov 30, 2020
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• What the fiscal update does and doesn’t tell us about the coronavirus vaccine roll-out

  When it comes to the details on how the government plans to move coronavirus vaccines from factory to the pharmacy, the fiscal update is short on specifics.

  Canada

  Nov 30, 2020