Bill Kelly: Trying to make sense of federal budget hyperbole
The political gamesmanship that accompanies budgets is always quite interesting. Continue reading
federal deficit
Federal deficit stays virtually the same at $19B this year
The federal government ran a shortfall of $19 billion in the last fiscal year, virtually unchanged from the previous year, Ottawa’s annual financial report card shows. Continue reading
Canadians want pot tax revenue to fund health care, not anti-drug campaigns: survey
Ottawa paid just over $161,000 to take the public’s temperature on a broad range of economic issues last winter, including the taxation of legal marijuana, the deficit and feminism. Continue reading
Bigger deficits than expected on the horizon, but there’s a silver lining: PBO
The federal budget watchdog says the Trudeau government is on track to run deficits nearly $8 billion deeper than expected over the next two years. Continue reading
Is $15 billion in new federal spending the best use of the money?
Should the Liberal government be spending roughly $14.9 billion of the federal government’s windfall on social programs. Continue reading
Liberals announce $15 billion in fresh spending thanks to strong economy
The Trudeau government is dedicating about a third of the windfall it’s expecting from the surprisingly strong economy towards investments, tax relief and new spending on social programs. Continue reading
Morneau to provide economic update – but no word on balanced budget yet
Finance Minister Bill Morneau says he will deliver a fall economic update Tuesday to document the recent strong growth in the Canadian economy. Continue reading
ANALYSIS: Smaller deficit won’t prompt Liberals to set deficit-elimination date
Asked twice if the smaller deficit projection meant his government could accelerate or even establish a timeline for eliminating the deficit, Trudeau did not respond directly. Continue reading
Improving economy won’t knock Liberals from deficit path: Bill Morneau
Ottawa intended to pursue its plan to invest more than $180 billion into infrastructure over the next 11 years. Continue reading
Ottawa expected to hit $28.5B deficit target for this year: report
Three months into the fiscal year, the public books are on track to meet the Trudeau government’s deficit projection of $28.5 billion. Continue reading