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American businessman holding a pile of 100 dollar bills

The plan involves raising taxes on corporations and the wealthy, using the funds to expand government programs

Parliament Hill building closeup in Ottawa, Canada

The fiscal monitor says the deficit to date reflects current economic challenges caused by Covid-19

Illustration and Painting

The drop in the deficit came as spending dropped compared with a year ago

A piggy bank with a twenty dollar bill for the money saving mind set.

The senior Finance Canada official is stepping in after Peter Routledge's departure

  • By: Staff
  • August 5, 2021 August 5, 2021
  • 13:35
Parliament buildings at sunset

Gignac had served as chief economist at Quebec City-based firm since 2012

  • By: Staff
  • July 30, 2021 July 30, 2021
  • 12:00
contractor reviewing ideas in workshop

The launch comes months after the Liberals first laid out the plan last September

Parliament buildings at sunset

The PBO estimate that budget deficits over the next five years will be $117.1 billion more than pre-budget forecasts

Parliament buildings at sunset

Officials appeared less concerned about rivals like Bitcoin

arrow and the word "Change" with feet

Between Jan. 31 and Sept. 25, applicants will be able to start their claims and receive benefits immediately

Ontario Queen's Park Legislative Building

Treasury Board President Peter Bethlenfalvy will assume the role