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  2. Federal aid during the COVID-19 pandemic in Canada - Wikipedia

    en.wikipedia.org/wiki/Federal_aid_during_the...

    [39] The support provided by RRRF mirrors other federal programs like the Canada Emergency Business Account and the Business Credit Availability Program. [62] Tariff relief: On 6 May 2020, the federal government waived tariffs on particular medical goods, including personal protective equipment (e.g., masks and gloves), in order to reduce the ...

  3. Canadian public debt - Wikipedia

    en.wikipedia.org/wiki/Canadian_public_debt

    Approximately half of Canadian general government gross debt in 2021 was debt of the federal (central) government ($1,570 billion or 62.5% of GDP), and half was debt of the PTLGs. [5] Public debt is sustainable when it "does not grow continuously as a share of the economy". [7]

  4. Canadian economic crisis (2022–present) - Wikipedia

    en.wikipedia.org/wiki/Canadian_economic_crisis...

    By 2024, inflation-adjusted spending per person, excluding debt interest costs, reached $11,856, exceeding the 2007-09 financial crisis spending by 10.2% and World War II peak spending by 28.7%. [11] In addition, the federal government posted ten consecutive deficits since it took office, with projections showing a $39.8 billion deficit for ...

  5. 2022 Canadian federal budget - Wikipedia

    en.wikipedia.org/wiki/2022_Canadian_federal_budget

    The COVID-19 pandemic had forced the Justin Trudeau government to introduce a large number of federal aid programs to deal with the economic impact of the crisis. As a result, Canada's debt-to-GDP ratio increased in 2020 and 2021. [4] In March 2022, the New Democratic Party agreed to a confidence and supply deal with Justin Trudeau's Liberal ...

  6. 2023 Canadian federal budget - Wikipedia

    en.wikipedia.org/wiki/2023_Canadian_federal_budget

    The Canadian federal budget for the fiscal years of 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.

  7. Canadian transfer payments - Wikipedia

    en.wikipedia.org/wiki/Canadian_transfer_payments

    In 2016-17, cash transfer payments from the federal government to the provinces and territories were $36.1 billion and tax point transfers were worth -$4.3 billion. The Canadian Health Transfer increases in line with a three-year moving average of nominal GDP growth, with funding guaranteed to increase by at least 3.0 per cent per year. [3]

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