The Trump Administration offered federal workers the opportunity to take adeferred resignation, effective at the end of the fiscal year. The offer was sweetened with the ability to remain on telework and/or to not work at all during the interim between submitting the resignation and leaving the ...
Combined debt from both the federal government and individual provincial governments is expected to nearly double from $1.1 trillion in 2007–08 — the year before the last major recession — to an estimated $2.1 trillion by the end of this fiscal year. A large spike in that debt, Fuss said...
The Minister of Finance (Canada), the Honourable Chrystia Freeland, presented the Government of Canada’s (the “Federal Government”) 2022 Federal Budget (“Budget 2022”) on April 7, 2022 (“Budget Day”). Budget 2022 contains significant proposals to amend the Income Tax Act (Canada) (the...
Government contractors have faced numerous challenges in recent years, including the COVID-19 pandemic, supply chain shortages and—most recently—inflation. According to Plexico, fiscal 2023 may act in some ways as a return to normalcy, at least when it comes to government spending. The presi...
Because the government’s fiscal year begins on October 1 of one calendar year and ends on September 30 of the next calendar year, the process for adopting a budget for a particular fiscal year, and for passing appropriations bills[v] to fund the operation of the government for that fiscal...
declines charted in the first and second quarters. That adds weight to the argument that we weren’t in a recession during the first half of the year. But Peter said he doesn’t think we had any real economic growth at all in 2022. He thinks the GDP deflator for the year was too ...
pay them. And even if the economy's in for let's say a couple bad quarters, they'd rather keep that talent on with them and instead of trying to rehire a year later where it might be much harder to find the right fit I think companies are going to be very hesitant for layoffs, ...
That’s an improvement from the initial government reading in October that showed 2.6% growth in economic activity, and better than the Refinitiv forecast of 2.7%. And it’s a marked turnaround from economic contractions of 1.6% in the first quarter of the year and 0.6% in the second. ...