Canada Could Be Heading towards Decades of Deficits, Federal Analysis WarnsDecades of budgetary deficits for Canada?--OTTAWA - Federal numbers released quietly by the...Blatchford, Andy
Namely, it set out to maintain its projection of a 2023-24 deficit of $40.0 billion; improve upon its projection that federal debt for 2024-25 would stand at 42.7% of GDP (now projected at 41.9% and to decline thereafter); and achieve deficits below 1% of GDP from 2026-27 onward (...
During his national election campaign in 2015, Canadian Prime Minister Justin Trudeau promised that his government would not run budget deficits of more than 10 billion Canadian dollars (7.8 billion dollars) and would balance the budget by 2019-20, just before the next general election scheduled fo...
Victim-Blaming by Canada’s Dilettante Prime Minister Canada,Inflation,Monetary Policy, taggedCanada,Inflation,Monetary Policy,Trudeauon September 24, 2023|9 Comments » Igave a speech last year in Swedento explain that inflation was caused by central banks such as theFederal Reserve,European Centra...
to provide universal coverage of the cost of prescription drugs. Debt is projected to fall from 46.5% of GDP last year to 41.5% in 2026-27. But the government should do more to restrain deficits “when times are good”, says Ms Young. She argues that the government’s plans to sustain...
At the federal level, multiculturalism as a public policy was introduced in three distinct phases, described by Dewing (2013): Initial phase (end of the Second World War to 1971): despite policies encouraging European immigration to Canada, official policy remained that of assimilation; ...
Finally, here's the deficit to GDP. As a rough line, I'm pretty comfortable so long as the defict is under 2% of GDP. (We can run deficits of that size forever and still have Debt/GDP fall. Sustainable fiscal policy is about Debt/GDP.) ...
the federal government is funding affordable housing through a 10-year, CAD 40-billion National Housing Strategy, and participates in ‘local immigration partnerships’ that bring all orders of government and local service agencies together to assist in immigrant integration. The federal government also...
Federal and QC combined Small-business tax rate2, 3 3.2% 12.2% General corporate tax rate3, 4 11.5% 26.5% 1 The rates represent calendar-year-end rates unless otherwise indicated. 2 Effective for tax years beginning on or after 1 January 2017, a Canadian-controlled private corpora...
The tendency of governments to table balanced budgets through the mid-1990s into the late 2000s came to a halt after the 2008 recession — heralding in an era of increased government spending and growing deficits. Over the past 15 years, the study states, the federal government accumulated nea...