Many economists warn about ballooning budget deficits and the potential for higher interest rates in the future.
federal budget
May 26, 2021
12:12PM
April 29, 2021
9:31AM
The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.”
April 28, 2021
10:11AM
The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22.
April 23, 2021
9:32AM
The plan calls for $27.2 billion over the next five years to reduce daycare costs.
April 21, 2021
1:29PM
From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation.
April 20, 2021
9:49AM
Budget 2021 includes $30 billion over five years for national childcare.
April 19, 2021
7:25PM
The government says $101 billion in stimulus spending is required for “sustained economic recovery.”
April 19, 2021
4:25PM
The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999.
April 17, 2021
3:00AM
Federal debt as a share of the economy will reach roughly 56 per cent, the highest percentage since 1998.
April 15, 2021
12:33PM
Nearly 60 per cent of the Liberal infrastructure spending was on “green” and “social” projects.