Fall Economic Statement 2023: Federal government backloads new spending, maintains near-term bottom line
November 21, 2023
The federal government announces $20.8 billion in net new policy action over 6 years since Budget 2023 – 30% of which ($6.3 billion) will be allocated to housing affordability initiatives.
Ontario fall fiscal update strikes a more sombre tone
November 2, 2023
Ontario boosted its deficit projection from $1.3 billion to $5.6 billion this fiscal year despite expecting slightly stronger economic growth since Budget 2023.
Fall Economic Statement 2022: Green but not quite lean
November 3, 2022
The FES at least focused much new spending on measures to encourage private investment.
Budget 2022: More spend today, grow tomorrow
April 8, 2022
As expected, updated economic developments led to a net $86 B improvement in the government’s bottom line over the forecast period, before the impact of new measures.
Positive fall update a placeholder for Budget 2022
December 14, 2021
Positive economic and fiscal developments were enough to cover this new spending and reduce budget deficits throughout the government’s projections.
Pandemic to recovery: big spending continues with Budget 2021
April 19, 2021
With Budget 2021, the federal government is betting big that major spending will boost economic growth, with just over $100 billion in new spending over the next 3 years.