This accounting method treats tax cut extensions as a continuation of the current policy that costs nothing, rather than as a new policy.

The Committee for a Responsible Federal Budget (CRFB), Washington, D.C.’s leading nonpartisan budget watchdog, has sharply criticized the recent government shutdown as “pointless and wasteful” while ...

In the face of a projected record deficit, Finance Minister John Lohr has asked provincial government officials to look at the potential impacts of a 10 per cent cut to discretionary spending and ...

Canada's budget shortfall will more than double this year as Prime Minister Mark Carney pours billions of dollars to fight ...