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Public accounts detail how feds’ deficit rose by more than 700 per cent during pandemic

By Matthew Horwood      

The economic fallout of COVID-19 resulted in the government's tax revenues falling by 5.3 per cent, while its spending expenses rose by 72 per cent.

Minister of Finance Chrystia Freeland holds a press conference to announce the Bank of Canada’s inflation mandate at the Sir John A. Macdonald building on Dec. 13, 2021. Her ministry was the second biggest spender in 2021 according to Public Accounts, at $118-billion. Photograph courtesy of Andrew Meade

The federal government’s deficit skyrocketed in 2021, hitting $327.7-billion for the fiscal year that ended March 2021, compared to a deficit of $39.4-billion in the previous fiscal year—an increase of 731 per cent.

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NDP caucus retreat brings renewed focus on health care and cost-of-living concerns ahead of House return

News|By Matthew Horwood 3:59 PM ET
NDP MPs say last week's retreat was a chance to speak about issues impacting Canadians the most and to 'amplify' their voices when the House of Commons sits again.

Liberal leadership speculation a distraction, Trudeau should shut it down firmly, say Liberal MPs, political insiders, and pollsters

News|By Abbas Rana
If the Liberal leadership speculation does not stop, Liberals could end up in the same situation as Conservatives are now in, says Darrell Bricker. But Nik Nanos says Trudeau could theoretically win another government.

House sitting ‘make or break’ for O’Toole’s leadership, say Conservatives

News|By Abbas Rana
Conservative caucus members opposed to leader Erin O’Toole have to decide if their political enemy is Prime Minister Justin Trudeau or O’Toole, says pollster Nik Nanos.

‘I can feel the level of anxiety in people’s voices’: Zoom fatigue, stressed-out constituents and threats, the lives of parliamentarians through the pandemic

MPs say they've experienced rising threats to their personal safety and increased difficulty connecting with their constituents during the pandemic.

Supply chain crisis and federal budget occupy agriculture sector in busy December

Three of the top six most active advocacy groups in December represented the agricultural sector.

In defiance of O’Toole, Saskatchewan MPs vote to back Batters in regional caucus: source

News|By Abbas Rana
In a regional caucus meeting Thursday evening, Saskatchewan MPs voted overwhelmingly in support of Senator Denise Batters' staying in the Saskatchewan caucus.

National housing strategy investments ‘not enough’ to increase housing supply, says CMHC

Canada’s Superintendent of Financial Institutions Peter Routledge says Canada’s housing sector has systems in place to absorb shocks from rising interest rates.

Alexa McDonough and the cost of blazing trails

Feature|By Chelsea Nash
Alexa McDonough, who died on Jan. 15 at the age of 77, was the second woman to lead the federal NDP from 1995 through 2006; a time, her former colleagues recall, in which women in politics faced much sexism.

Ottawa on the hook for $4-billion tied to abandoned mines’ cleanup in the North

NDP MP Lori Idlout says the Liberals need to hold companies accountable. ‘Our communities can’t continue to be disregarded when the profit is gone and we’re left to clean up the mess.'
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