CBC: Finance Minister François-Philippe Champagne presented his first federal budget Tuesday and it includes big-ticket items to prop up an economy grappling with major economic disruptions but also cuts to the public service to get the fiscal house in order…
National Post: Overall, Ottawa has now accumulated 1.27-trillion in debt, almost half of it within the last five years. With Tuesday’s deficit forecast for this year, the federal government is now on track to have amassed $593.1-billion in debt over the last five years, or 46.7 per cent of the total debt from throughout Canadian history. More than half of that debt, or $327.7-billion of it, can be traced back to the fiscal year 2020-21 that included the start of the pandemic and the various policies that followed…
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