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How much new spending, revenue will be in budget 2022?
Parliamentary Budget Officer Yves Giroux provides an analysis of what could be in the federal government's budget.
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Canadian Taxpayers Federation criticizes platform fiscal plans
Franco Terrazzano, director of the Canadian Taxpayers Federation, joins Power & Politics to outline his concerns over the fiscal plans in the Liberal and Conservative election platforms.
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How the federal budget impacts regular Canadians’ bottom line
The federal budget was filled with big promises, and while some are Canadians are excited about the rising deficit, others say government support is needed to help keep them afloat.
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O'Toole claims government's slow pandemic response led to job losses
Reacting to the federal government's Fall Economic Statement, Opposition Leader Erin O'Toole says the government's slow response to the economic downturn caused by the COVID-19 pandemic has caused thousands of job losses.
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Fiscal update unveils more relief, stimulus spending, record deficit
The government unveiled a record deficit of $381 billion in its fiscal update, along with spending plans for more pandemic relief and a huge stimulus plan to jolt the economy post-pandemic.
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What to expect in the federal fiscal update
CBC News’s David Cochrane breaks down what Finance Minister Chrystia Freeland is expected to announce in Monday's federal fiscal update, including details on the deficit and new pandemic spending.
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Poilievre challenges Freeland over the lack of fiscal anchors in her department's pandemic spending
Conservative finance critic Pierre Poilievre questioned Finance Minister Chrystia Freeland in QP Monday.
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Ottawa expects $343-billion deficit because of pandemic
The federal government expects a $343-billion deficit this year and for millions of Canadians to remain out of work because of the COVID-19 pandemic.
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Bill Morneau on $343B deficit, post-pandemic recovery
Finance Minister Bill Morneau talks to CBC chief political correspondent Rosemary Barton about the $343-billion deficit largely created by emergency spending during the COVID-19 pandemic and how the government plans to recover.
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Rising costs of COVID-19 | Sunday Scrum
Finance Minister Bill Morneau tabled a fiscal snapshot this week showing the federal government's deficit is expected to hit $343 billion this year, largely due to pandemic-related support programs that have pushed federal spending to a...
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What’s missing from the government’s fiscal snapshot | At Issue
The At Issue panel discusses the political impact of an unprecedented fiscal update. Plus, what the federal government didn't include and what it means for the road ahead.
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Ottawa promises more is coming for cities facing cash crunch | Power & Politics
Cities say a fast-tracking of infrastructure money is not enough to address the major budget shortfalls they face due to COVID-19. The federal government says the money is a “first step” and that more help is on the way.
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Budget watchdog says Canada's deficit could climb to $112.7B after COVID-19
The Parliamentary Budget Officer is projecting that Canada's deficit for the coming fiscal year could be $112.7 billion.
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Uruguay ushers in first conservative government in 15 years
Centre-right politician Luis Lacalle Pou sworn in as president after winning November's runoff by a close margin.
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Trump-Musk feud: Trump's proposed budget bill at the heart of Trump-Musk standoff
A public feud has erupted between Donald Trump and Elon Musk over Trump's proposed budget bill, known as the "Big Beautiful Bill." Musk has criticized the bill, calling it the "Big Ugly Bill," and claims it will increase the national...
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'Kill the bill!' Musk rallies against Trump’s budget bill as Senate Republicans split
Elon Musk slams Trump’s budget bill as an “abomination” as GOP infighting grows over $2.4T deficit plan.
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Elon Musk slams Trump’s signature budget bill as a ‘disgusting abomination’
Trump’s budget bill faces Republican discord in the US Senate, where some lawmakers reject any increase to the national debt.
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Trump’s tax bill to inflate US debt to $2.5 trillion
Elon Musk has taken aim at Donald Trump’s new tax and spending bill, labeling it a “pork-filled Congressional disaster.” The critique sparked a swift rebuttal from the White House, escalating tensions between the tech mogul and Trump’s...
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Trump's tax and spending bill returns to House for crucial votes after passing Senate
U.S. President Donald Trump's tax and spending bill needed a tiebreaking vote from Vice-President J.D. Vance to pass the Republican-controlled Senate on Tuesday. The bill now heads back to the House of Representatives, where it faces...
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Trump's massive tax-cut bill clears procedural hurdle in early morning vote
Republicans in the U.S. House of Representatives advanced President Donald Trump's massive tax-cut and spending bill in a 219-213 vote at around 3:30 a.m. ET on Thursday.
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Poilievre's crusade against taxes continues outside question period
Pierre Poilievre lost his seat in the federal election and wasn't able to participate in the first House of Commons debate. So the Conservative leader took questions from media elsewhere and criticized the Liberals for 'copying' policies...
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Quebec gov't inquiry shows lack of oversight at Nunavik school board
An inquiry by Quebec's Ministry of Education has highlighted what it says is a lack of financial oversight within Kativik Ilisarniliriniq, the Nunavik school board.
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The Holt government’s $614-million predicament
Liberals could use tobacco settlement to reduce deficit or to fund anti-smoking programs.
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Key takeaways from Ontario’s 2025 budget
The Ontario government’s 2025 budget paints a grim picture of the province's economic future in the face of U.S. tariffs. As CBC’s Mike Crawley explains, the province is battling falling revenues and a deficit that's expected to more...