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Canada’s pandemic spending ‘barely sustainable,’ says PBO, projecting $328.5-billion deficit

'Anybody who listened to the Speech from the Throne is very well aware that [new government programs are] a possibility, which is not included in our outlook,' Parliamentary Budget Officer Yves Giroux told reporters.

News
BY PALAK MANGAT
September 29, 2020

News | BY PALAK MANGAT | September 29, 2020

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Trudeau’s cabinet shuffle fails to quiet doubts about his future

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Trudeau promotes eight Liberal MPs, moves ministers in long-awaited cabinet shuffle

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Senate standoff sees Conservatives wield ‘exceptional and rarely used’ motion, putting two private members’ bills on ice

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House approves new funds, office handover rules ahead of next election

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Miller, Anand, MacKinnon expected to get new portfolios in Friday cabinet shuffle: Liberal source

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Federal departments fix 61 errors related to Indigenous business contracts on public database

NewsBY IREM KOCA

The RCMP has corrected the status of two firms as non-Indigenous at Indigenous Services Canada's direction. But one of those companies remains on the government's controversial Indigenous Business Directory.

Federal departments fix 61 errors related to Indigenous business contracts on public database

NewsBY IREM KOCA

The RCMP has corrected the status of two firms as non-Indigenous at Indigenous Services Canada's direction. But one of those companies remains on the government's controversial Indigenous Business Directory.

With Trudeau reflecting on his future, some senior cabinet ministers, including national campaign co-chair Ferrada, said to be exploring other options, say Liberal sources

Delayed public accounts report public debt charges increased by 35 per cent in 2023-24

A Chrystia carol: House wraps for the holidays as spectre of Freeland’s bombshell resignation haunts Liberal caucus

PBO projects ‘sluggish’ economic growth this year, with $11.5-billion increase in budgetary deficit in 2023-24

NewsBY MIKE LAPOINTE

Freeland highlights plans to address affordability and build new homes, but only within context of a ‘responsible fiscal plan’

NewsBY KEVIN PHILIPUPILLAI

Shifts in interest rates or inflation could ‘totally change the picture’ on fiscal sustainability, says PBO

NewsBY IAN CAMPBELL

Freeland says feds taking the ‘right approach’ as fiscal update projects deficit declining to $36.4-billion

NewsBY IAN CAMPBELL, SAMANTHA WRIGHT ALLEN

More ‘efficient, effective’ future pandemic spending needed to keep deficit under control: Page

NewsBY CHRISTOPHER GULY

PBO projects ‘sluggish’ economic growth this year, with $11.5-billion increase in budgetary deficit in 2023-24

NewsBY MIKE LAPOINTE

Former parliamentary budget officer Kevin Page says some observers are concerned about the loss of 'fiscal room' because of debt generated during the pandemic.

PBO projects ‘sluggish’ economic growth this year, with $11.5-billion increase in budgetary deficit in 2023-24

NewsBY MIKE LAPOINTE

Former parliamentary budget officer Kevin Page says some observers are concerned about the loss of 'fiscal room' because of debt generated during the pandemic.

Freeland highlights plans to address affordability and build new homes, but only within context of a ‘responsible fiscal plan’

NewsBY KEVIN PHILIPUPILLAI

The fall economic statement, tabled in the House of Commons on Nov. 21, included no mention of the agreement between the Liberals and NDP to act on pharmacare by the end of 2023, which could lead to much larger spending plans.

Freeland highlights plans to address affordability and build new homes, but only within context of a ‘responsible fiscal plan’

NewsBY KEVIN PHILIPUPILLAI

The fall economic statement, tabled in the House of Commons on Nov. 21, included no mention of the agreement between the Liberals and NDP to act on pharmacare by the end of 2023, which could lead to much larger spending plans.

Shifts in interest rates or inflation could ‘totally change the picture’ on fiscal sustainability, says PBO

NewsBY IAN CAMPBELL

'Even though there is fiscal flexibility, it doesn't mean that governments have to use it,' says Parliamentary Budget Officer Yves Giroux.

Shifts in interest rates or inflation could ‘totally change the picture’ on fiscal sustainability, says PBO

NewsBY IAN CAMPBELL

'Even though there is fiscal flexibility, it doesn't mean that governments have to use it,' says Parliamentary Budget Officer Yves Giroux.

Freeland says feds taking the ‘right approach’ as fiscal update projects deficit declining to $36.4-billion

NewsBY IAN CAMPBELL, SAMANTHA WRIGHT ALLEN

‘Despite the fact that recession is on everyone's mind,’ economist David Macdonald says the statement does not ‘implement the lessons learned during the pandemic.’

Freeland says feds taking the ‘right approach’ as fiscal update projects deficit declining to $36.4-billion

NewsBY IAN CAMPBELL, SAMANTHA WRIGHT ALLEN

‘Despite the fact that recession is on everyone's mind,’ economist David Macdonald says the statement does not ‘implement the lessons learned during the pandemic.’