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Spending on the Canadian Armed Forces (CAF) rose in the 2021 budget despite fears that Prime Minister Justin Trudeau's government would scale back military expenditure to fund…
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DOI: 10.1108/OXAN-DB262997
ISSN: 2633-304X
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The report projects that the federal government’s deficit will rise tenfold to CAD343.2bn (USD255.1bn) in 2020-21. This vast increase raises the question of what exit strategies…
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DOI: 10.1108/OXAN-DB254397
ISSN: 2633-304X
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In its biannual ten-year projections released on April 9, the Congressional Budget Office (CBO) foresaw the budget deficit averaging 4.9% of GDP from 2019 to 2028, an increase…
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DOI: 10.1108/OXAN-DB232052
ISSN: 2633-304X
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Canada’s next federal election must be held by October. Opinion polling is putting the Conservatives ahead.
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DOI: 10.1108/OXAN-DB243192
ISSN: 2633-304X
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The party almost won the last election, reducing Prime Minister Justin Trudeau’s Liberals to a minority government. However, Trudeau’s party is now gaining popularity due to the…
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DOI: 10.1108/OXAN-DB253539
ISSN: 2633-304X
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CANADA: Economy will overshadow budget surplus
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DOI: 10.1108/OXAN-ES204359
ISSN: 2633-304X
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Some hard-right members of the Republican congressional caucus argue that allowing federal spending to lapse and threatening a government shutdown could force legislators to…
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DOI: 10.1108/OXAN-DB223977
ISSN: 2633-304X
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This comes as COVID-19 has necessitated state support payments to Canadians, skewing the government’s budget and spending priorities. Canada’s military faces possible budget cuts…
The move follows the Senate's failure again yesterday to agree on spending priorities and immigration, the same policy disagreements which prevented a spending deal being passed…
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DOI: 10.1108/OXAN-DB229234
ISSN: 2633-304X
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This fiscal path is broadly consistent with the previous government’s, but the surpluses are planned to be smaller and net government debt is expected to drop below 20% of GDP two…