Tag: Budget 2022

Some Government Spending Items Will be Cut if There’s ‘Less Fiscal Room’ in 2023, Freeland Says

January 25, 2023
Budget 2022CanadaChrystia FreelandFall Economic Statement 2022Finance Minister Chrystia FreelandWorld
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Some federal government spending items outlined in this year’s budget and the 2022 Fall Economic Statement could be cut if economic pressures bring about “less fiscal room,” says Finance Minister Chrystia Freeland. Freeland made the comments at a press conference on Jan. 24 in Hamilton, Ont., where she is attending the Liberals’ post-holiday cabinet retreat,…

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Governments Continue to Increase Spending With Precarious Public Support: Fraser Institute

May 16, 2022
Budget 2022CanadafinancesspendingWorld
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Despite claiming a return to fiscal responsibility, most governments across Canada continue to increase spending with no signs of a balanced budget in sight, argues Jake Fuss, associate director for fiscal studies at the Fraser Institute. “Projections for government revenues increased significantly across the country due to unexpectedly high commodity prices and a faster-than-anticipated economic rebound…

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Governments Continue to Increase Spending With Precarious Public Support: Report

May 16, 2022
Budget 2022CanadafinancesspendingWorld
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Despite claiming a return to fiscal responsibility, most governments across Canada continue to increase spending with no signs of a balanced budget in sight, argues Jake Fuss, associate director for fiscal studies at the Fraser Institute. “Projections for government revenues increased significantly across the country due to unexpectedly high commodity prices and a faster-than-anticipated economic rebound…

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Feds Increase Military Spending While Providing Few Specifics, as Defence Policy Review Announced

April 8, 2022
Budget 2022Canadadefence spendingFreelandWorld
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The federal government increased defence spending in its April 7 budget, but details on how the money will be spent are lacking, as the feds also announced a review of its national defence policy.