Focus
spending
‘Slowest Annual Growth Since COVID-19’: Australian Economy Grows 1.5 Percent in a Year
Household spending increased just 0.1 percent in the December quarter.
BC Govt. Spending Sends Debt Surge Toward COVID and Financial Crisis Levels
A report by the Fraser Institute says the BC government has forecasted a ‘rapid increase’ in provincial net debt over the next three fiscal years.
Record Shopping Despite Inflation May Be Mental Health Related: Analysts
‘A lot of mental health issues came out of the lockdown and affected how people spend money so carelessly now,’ one expert said.
Federal Spending on Consultants Rose 16 Percent in 2023: PBO
The PBO noted despite Ottawa’s recent plan to cut costs on consulting, spending in 2023-24 remains above previous years’ levels.
House Passes 6th Spending Bill in Brewing Showdown With Senate
The $5.3 billion Legislative Branch Appropriations Act—the smallest and usually least controversial of 12 annual budget bills—was adopted in a partisan vote.
Government Spending Hindering Bank of Canada Efforts to Lower Inflation: Governor
BoC governor Tiff Macklem says it would be easier to get inflation down if monetary and fiscal policy were ‘rowing in the same direction.’
Canada Has Spent Over $23 Million on WEF Projects
The federal government has spent nearly $23.5 million on World Economic Forum projects including the development of a digital ID used for travel.
