Eagerly awaiting the release of the "Great Cash Burn" of 2020/21. Given how they're doing in the polls, I imagine they've been pretty fearless in spending given an election may be in their favour and the majority of people will hate on the opposition parties for causing an election during COVID.
https://www.ctvnews.ca/politics/fede...urce-1.5392668
So far:
- up to $100 billion between 2021 and 2024 on stimulating the economy.
- spending allocation for child care will be more than $2 billion
- new taxes on web giants and a luxury tax on big-ticket items like luxury cars, boats, and planes.
- As of the 2020 fall economic update released in November, the deficit was projected to be at least $381.6 billion in 2020-21, but was set to close in on $400 billion if Canada experienced a third pandemic resurgence... the deficit will still be lower than $400 billion in Monday’s budget.