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Federal Budget 2024: Lack of spending restraint offset by revenue surprise and tax hikes

Federal Budget 2024: Lack of spending restraint offset by revenue surprise and tax hikes

Budget 2024 showed a slightly worse bottom line throughout the federal government’s fiscal plan compared to previous estimates but kept the deficit...
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<b>Fall Economic Statement 2023:</b> Federal government backloads new spending, maintains near-term bottom line

Fall Economic Statement 2023: Federal government backloads new spending, maintains near-term bottom line

The federal government announces $20.8 billion in net new policy action over 6 years since Budget 2023 – 30% of which ($6.3 billion) will be...
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Budget 2023: The Red Green Show

Budget 2023: The Red Green Show

The government is much deeper in the red—a cumulative $69 billion deeper—than its fall statement indicated, with no balanced budget in sight.
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<b>Fall Economic Statement 2022:</b> Green but not quite lean

Fall Economic Statement 2022: Green but not quite lean

The FES at least focused much new spending on measures to encourage private investment.
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Budget 2022: More spend today, grow tomorrow

Budget 2022: More spend today, grow tomorrow

As expected, updated economic developments led to a net $86 B improvement in the government’s bottom line over the forecast period, before the...
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Budget 2022: Will Ottawa rise to Canada’s growth challenge?

Budget 2022: Will Ottawa rise to Canada’s growth challenge?

Finance Minister Freeland said Budget 2022 would be about boosting Canada’s long term economic growth. But her next fiscal blueprint risks being...
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Positive fall update a placeholder for Budget 2022

Positive fall update a placeholder for Budget 2022

Positive economic and fiscal developments were enough to cover this new spending and reduce budget deficits throughout the government’s projections.
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Pandemic to recovery: big spending continues with Budget 2021

Pandemic to recovery: big spending continues with Budget 2021

With Budget 2021, the federal government is betting big that major spending will boost economic growth, with just over $100 billion in new spending...
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Budget 2021 Preview

Budget 2021 Preview

RBC Economics shares what to expect in the 2021 federal budget. Recovery spending likely to be focused on child care, training and digital and green...
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Economic Statement Adds Red Ink, Leaves Details of Stimulus for Later

Economic Statement Adds Red Ink, Leaves Details of Stimulus for Later

The Fall Economic Statement announced a higher 2020-21 deficit, about $382 billion. Deficits will be $121 billion in 2021-22 and $50 billion in...
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