VANCOUVER—A large portion of Ottawa’s record-high spending during the pandemic did not relate directly to COVID-related health care or income support for individuals and businesses, finds a new study published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Canadians may be surprised to learn that a significant percentage of Ottawa’s huge spending increases during COVID, which produced large deficits and much more debt, had nothing to do with the pandemic,” said Livio Di Matteo, professor of economics at Lakehead University, senior fellow at the Fraser Institute and author of Storm Without End: The Fiscal Impact of COVID-19 on Canada and the Provinces.