The collapse of oil prices is one culprit. A the larger problem is Canada’s aging population.
Tag Archives: federal deficit
Canada’s fiscal outlook just keeps getting worse
Finance Minister Bill Morneau’s most recent fiscal update painted an ever-gloomier picture—one of slowing growth, and bigger deficits
In the teeth of market turmoil, Mulcair pledges balanced budget
But Tom Mulcair’s audacious pledge comes in the wake of far more cautious promises from the NDP’s star recruit
The mystery behind Canada’s shrinking deficit
A fact check on the following: “The Government remains on track to balance the budget in 2015”
What was actually updated in the fiscal update?
Not any real explanation of how the government plans to make the deficit disappear
The return of the federal structural deficit?
Even the Department of Finance’s own figures suggest the red ink is here to stay
The federal deficit is ‘on track’ — but to where?
Stephen Gordon on why Budget 2014 promises to be interesting
Federal deficit still looking set to come in well under $26bn
The federal deficit was $0.6 bn in December 2012, up slightly from the $0.5 bn recorded in December 2011, the Finance Department revealed today. Still, red ink accumulated since the beginning of the fiscal year, in April, amounted to $13 bn, below the $16.1 registered over the same period in 2011-2012.
The federal deficit will be less than predicted
Possibly much less, writes Stephen Gordon
The Finance Dept. finally agrees with the PBO: it’s a structural deficit
It wasn’t just the recession