Fiscal Monitor for April 2018– January 2019


The federal government posted a deficit of $1.7 billion in January 2019, compared to a surplus of $125 million in January 2018. 

Read More

Fiscal Monitor for April – December 2018


Read More

Fiscal Monitor for April – November 2018


Read More

Fiscal Monitor for April – October 2018


Read More

Fiscal Monitor for April – September 2018


The federal government posted a deficit of $1.4 billion in September 2018, compared to a deficit of $3.3 million in September 2017.  Budgetary revenues were up 13.4%, reflecting strong increases in all major components.  Program expenses advanced 2.2%, as a decline in other direct program expenses dampened increases in the other major components.  Public debt charges were up a whopping 33.5% reflecting higher CPI adjustments on Real Return Bonds and a higher average effective interest rate on the stock of Treasury Bills.

Read More

THE 2018 FALL UPDATE IRRESPONSIBLE FISCAL PLANNING

 

Paul Martin presented the first fall Economic and Fiscal Update in 1995. The purpose of that Update was to present a review of current and future economic circumstances and what these meant for the fiscal situation of the federal government. It contained no new policy initiatives. These were left for the subsequent spring budget. The Minister of Finance and departmental officials appeared before the Commons Standing Committee on Finance to present the Update and to answer questions.

Read More