Coronavirus Deficit
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All eyes on Ottawa as Freeland set to deliver hotly awaited coronavirus fiscal updateThere are few indications the federal government will make any effort to rein in coronavirus response spending, with many saying the deficit will likely rise.CanadaNov 30, 2020
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Canada will keep up heavy but ‘limited’ coronavirus spending: FreelandDeputy Prime Minister Chrystia Freeland called massive coronavirus spending "limited and temporary."CanadaOct 28, 2020
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Canada’s deficit to hit $330B as coronavirus lands ‘permanent’ economic impactThe Parliamentary Budget Officer's report underlines need for spending to be temporary.CanadaSep 29, 2020
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More than half of Canadians think coronavirus deficit too big but split on election needVoters, including Liberals, say they want to see a plan to get back towards balanced budgets.CanadaSep 22, 2020
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Trudeau mum on whether throne speech will include any plan to tackle deficitThe federal deficit is forecast to hit $343 billion this year.CanadaSep 9, 2020
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Canada’s current deficit level will be ‘unsustainable’ within 1 to 2 years: PBOIf Liberals don't rein in spending, they must either raise taxes or cut services, warns the budget watchdog.CanadaSep 6, 2020
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Hamilton faces $23M deficit due to COVID-19 pandemic: reportA staff report suggests COVID-19 will leave Hamilton, Ont., with tens of millions in lost revenue from transit, recreation fees, parking, and fines.Apr 15, 2020
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