In nine days — on Friday, Oct. 16 — the current Parliament will have gone 316 days without a federal budget -- a new record in Canadian political history.

Last week alone, the federal Liberals made 595 spending commitments worth a combined $4.9 billion.

The federal Liberals have come up with a $16-billion answer to Canada's competitiveness concerns.

The Liberals have vowed to make child care affordable for those who need it and can't afford it.

Three months into the fiscal year, the public books are on track to meet the Trudeau government's deficit projection of $28.5 billion.

While the federal government started the fiscal year with a small budgetary surplus, the black ink is expected to turn very red in the coming months.

The federal government ran a budgetary surplus of $7.5 billion over the first 11 months of its fiscal year - putting Ottawa's books well ahead of its 2015-16 deficit prediction with one month to go.

A study of federal government contract pricing has warned that the current system provides "perverse incentives" for industry doing business with Ottawa to hike their costs.

President Barack Obama on Monday signed into law a bipartisan budget bill that avoids a catastrophic U.S. default and puts off the next round of fighting over federal spending and debt until after next year's presidential and congressional elections.

Ottawa posted a surplus of nearly $2.43 billion in December compared with a surplus of $1.20 billion in December 2013.