Finance Minister Francois-Philippe Champagne will present the budget on Tuesday, with experts projecting the government’s deficit skyrocketing this year.
The path out is a growth path,” Solomon said. “The difference between compounding growth of 3% and 2% is monstrous in terms of dealing with this issue.” ...
Despite the surge in the stock markets at the end of last week, the underlying signs point to severe problems ahead, explains Michael Roberts Let the Financial Times sum it up: “US stocks ride AI hype ...
Prime Minister Mark Carney is set to table his government's first budget this week, which is expected to be different from ...
The U.S. Treasury Department delivered some unfortunate news. The government spent a little over $7 trillion in 2025 and raised just $5.2 trillion in taxes. To cover the gap, it ...
Prime Minister Mark Carney’s government is getting ready to table its first budget this week — one that will be markedly ...
By just about every measure, Canada’s economy is stuck in a ditch. Growth has sputtered. The unemployment rate is rising. In normal times, the remedy is clear. The Bank of Canad ...
Rising debt is a genuine worry, as it erodes repayment capacity and limits access to global credit markets. Among smaller economies, conflict-ridden Sudan tops the global list with a staggering 251% d ...
The US national debt is now as large as the combined gross domestic product (GDP) of the second to the sixth-largest economies in the world, according to the nonpartisan watchdog Peter G. Peterson ...
Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax ...
In 1980, America’s publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25% of ...
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