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Tax and Expenditure Limitations for Canada’s Federal Government: A Primer

Effective spending rules would result in balanced federal budget by 2025/26, even with COVID emergency relief

By Fraser Institute ——--November 24, 2021

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VANCOUVER—If the federal government had introduced even a modest rule imposing more discipline on the growth in government spending starting in 2015—even one that allowed for all the COVID emergency spending—the federal budget could have been balanced by 2025/26, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

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Fraser Institute——

The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of 86 think-tanks. Its mission is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals. To protect the Institute’s independence, it does not accept grants from governments or contracts for research. Visit fraserinstitute.org.

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