Author: Jake Fuss The federal government projects a $52.8 billion budget deficit for 2022/23.Read more about Future generations of Canadians will pay for today’s deficit spending Tags: deficit spendingfederal debtfederal deficitsdebt interestdebt interest payments Read More – The Fraser Institute
Size of government—a pre-pandemic problem
Author: Alex Whalen Government spending represented 40.4 per cent of the country’s economy in 2019, up from 37.4 per cent in 2007.Read more about Size of government—a pre-pandemic problemTags: size of governmentoptimal size of governmentproper size of governmentbusiness income taxpersonal income taxesincome tax rates Read More – The Fraser Institute
Latest agreement leaves Bank of Canada’s responsibilities unclear
Author: John Chant The 2021 agreement introduced a new goal—that monetary policy should also support maximum “sustainable” employment.Read more about Latest agreement leaves Bank of Canada’s responsibilities unclear Tags: inflationbank of canadainflation ratefederal reservebank independence Read More – The Fraser Institute
James Buchanan, the problems with government debt, and a new Canadian poll
Authors: Jason ClemensJake Fuss The expansion of the Canada Child Benefit was financed largely by borrowing.Read more about James Buchanan, the problems with government debt, and a new Canadian pollTags: federal debtfederal government debtgovernment debtfederal spendingfederal government spending Read More – The Fraser Institute
Federal Fiscal Shortfall Nears $1 Million Per Household
By James D. Agresti May 5, 2022 Overview The U.S. Treasury has published a major report revealing that the federal The post Federal Fiscal Shortfall Nears $1 Million Per Household first appeared on Just Facts Daily. First published at JustFacts.com. Please visit for more FACTS!
Comparing Canada’s health-care system with other countries, Part 2: Utilization of Resources
Authors: Mackenzie MoirBacchus Barua On a key measure of hospital discharges, Canada ranked last out of 27 countries.Read more about Comparing Canada’s health-care system with other countries, Part 2: Utilization of Resources Read More – The Fraser Institute
High spending and more borrowing common theme across Canada
Authors: Jake FussTegan HillAlex Whalen B.C.’s net debt will reach a forecasted $88.8 billion by 2024/25.Read more about High spending and more borrowing common theme across Canada Tags: program spendingprovincial government spendingprovincial budgetprovincial debt Read More – The Fraser Institute
On government spending—Kenney kept his word, Ford did not
Author: Ben Eisen Between 2018/19 and 2022/23, the Ontario government expects a 6 per cent increase in inflation-adjusted per-person spending.Read more about On government spending—Kenney kept his word, Ford did notTags: ontario budgetontario government spendingontario deficitontario government debt Read More – The Fraser Institute
Operating deficits just part of Ontario’s debt story
Author: Ben Eisen Annual debt growth has increased substantially since 2018 when the Ford government took office.Read more about Operating deficits just part of Ontario’s debt storyTags: ontario’s debtontario government debtontario debtontario deficitontario deficits Read More – The Fraser Institute
Ontario on track to add more than $100 billion in debt over five years
Author: Ben Eisen The province’s net debt has climbed from $338 billion in 2018 to more than $400 billion.Read more about Ontario on track to add more than $100 billion in debt over five yearsTags: ontario’s debtOntario’s deficitontario debtontario deficitontario government debt Read More – The Fraser Institute
At current commodity prices, Alberta could (and should) fully fund a rainy-day account
Authors: Tegan HillJoel Emes According to recent forecasts, the province’s resource revenue will likely be higher than forecast in Budget 2022.Read more about At current commodity prices, Alberta could (and should) fully fund a rainy-day account Tags: alberta sustainability fundalberta heritage fundsustainability fundalberta’s heritage fundalberta government finances Read More – The Fraser Institute
Upcoming budget last chance for Ford government to keep fiscal promises in first term
Author: Ben Eisen The government has increased per-person spending by more than 10 per cent between 2018/19 and 2020/21.Read more about Upcoming budget last chance for Ford government to keep fiscal promises in first termTags: ontario budgetontario governmentontario debtontario deficitontario government debt Read More – The Fraser Institute