Governments elected via proportional representation are more likely to run deficits.
The federal deficit was approximately $19 billion in both 2016/17 and 2017/18.
Ontario’s debt burden is forecasted to increase by $48.2 billion between 2018 and 2023.
Government debt redistributes resources from the entire population to the wealthy holders of the debt.
The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.
The annual deficit from a recession could increase from its current level of $19 billion to almost $50 billion.
Upon assuming power, the Trudeau government immediately increased budgeted federal program spending by $8.1 billion over 2015-16 to 2019-20.
During its first full year in power, the Trudeau government increased spending by a whopping 7.4 per cent.
Alberta’s budget deficit in 2015/16 was $2,513 per person.