Canadian politicos react to Trump’s inauguration speech
Liberal leadership candidate Chrystia Freeland, who spent the morning of Trump’s second inauguration doing an interview with CP24’s morning show, said Canada needs to be strong, smart and united. ‘The key is not to be scared.’
Investing in our future: building a more productive Canada
We can no longer afford to wait with an economic emergency underway. Governments need to take action to reverse declining investment trends.
Trudeau leaves office with worst economic growth record in recent Canadian history
Annual per-person GDP growth under Prime Minister Justin Trudeau has been even worse than under Conservative PM Stephen Harper.
Hiring IT contractors cost feds 22 per cent more than using public servants, PBO finds
Federal departments spent $2.66-billion on informatics services, including IT-related services, with more than half of the spending coming from five departments in 2022-23.
Liberals’ legacy of legalized cannabis at risk as hopes for tax relief ‘slim to none’ before next election: industry
The inability to commit to a nationalized excise stamp in the fall economic statement is ‘baffling,’ says Cannabis Council of Canada president Paul McCarthy.
Lost federal revenue, property, money jumps to $649.5-million in 2023-24: Public Accounts
Last year saw a considerable jump in lost federal revenue, from $14.3-million in 2022-23 to roughly $252.9-million.
Feds spent a record $20.7-billion on outsourcing contracts last fiscal year
The federal government spent a record $20.7-billion on outsourcing contracts last fiscal year, despite calls to cut back on spending, criticism over its reliance on consultants, and flaws in contracting practices. A Hill Times analysis of the government’s public accounts for the 2023-24 fiscal year—which ended March 31, 2024—shows that the total spending on professional […]
Questions remain about how Liberals missed deficit target by over $20-billion, says PBO
Disregarding fiscal anchors has become ‘a unique feature’ of the current government, says Chrétien-era Finance Canada official Eugene Lang.
A spring election may push budget to fall 2025, says former PBO Page
The lengthy prorogation will also ‘complicate and put at risk’ the approval of supply funds—spending money, essentially—for the government, says ex-parliamentary budget officer Kevin Page.
The feds found money fast for a GST holiday—why not for the years-promised Canada Disability Benefit?
If billions can suddenly be found for untargeted giveaways, why has the CDB been relegated to fiscal crumbs?
