Deficits are here to stay. But how sustainable is that?

The days of endless deficits are back, and with minority government pressures and economic trouble ahead, that’s a problem

The Liberals are spending far more than they said they would

Economist Stephen Gordon unpacks the federal government’s finances to explain why the deficit is so much bigger than Trudeau promised

Justin Trudeau’s economic promises off to a sluggish start

Trudeau Report Card: When will the government’s economic plans for bigger deficits pay off?

How the Liberals could balance the budget—if they have the will

With the budget, the Liberals have taken a page out of the Conservative plan for program expenditures. But there are many reasons to think it won’t work.

Why has federal tax revenue exceeded projections?

While it makes sense that weakened economic growth would lower government revenues, it’s getting harder to make that story fit the data


The big cut Jim Flaherty won’t have to make: Budget 2013’s spending mystery explained

Perhaps the biggest unanswered question about the budget Finance Minister Jim Flaherty tabled last week was how he planned to cut a whopping $4 billion out of the government’s operating expenses in the coming year. As it turns out, though, that might just be the easiest part of Flaherty’s budget-balancing task ahead.

The Commons: Jim Flaherty toasts his fine work

The deficit will be eliminated. Somehow.

Public deficit: between shining federal figures and bitumen bubbles

Isn’t it time to start counting all of our public debt?

The U.S. debt ceiling: what just happened and what’s up next

Why the House Republicans’ bill is not-so-great news