Canada Finances

• High home prices, debt levels could ‘accelerate’ economic downturn, Macklem warns

  Bank of Canada governor Tiff Macklem said the high amount of debt Canadians have tied up in the housing market is a 'vulnerability' as the economy begins to slow.

  Economy

  Nov 10, 2022
  
• Federal spending on health care set to rise faster than planned: PBO

  Federal health transfers are calculated to grow by at least 3% each year, but the budget office says that health-care transfers are set to rise by almost 5% year-over-year.

  Canada

  Mar 10, 2022
  
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• Most Canadian provinces have ‘roared back’ amid disappearing COVID deficits: report

  In Ontario and Saskatchewan, deficits will persist for longer because these provinces collect among the least in taxes compared to the size of their economies.

  Canada

  Mar 10, 2022