Federal Budget 2021 was expected to deliver between $70-100B in COVID-19 recovery funds. Does it deliver and will funds be allocated in meaningful ways? Our experts weigh in.
David Macdonald's articles
The interest rate the federal government pays on debt hasn’t been this low since the Second World War (and possibly earlier).
The CERB was a critical support for many workers impacted by pandemic closures. For low-wage workers, the benefit funds were likely used to cover critical expenses. As such, it's unlikely that Canadians living below the poverty line will have money set aside for their pending CERB tax bill.
David Macdonald's presentation to the Standing Committee on Finance on March 18, 2021 regarding Bill C-14 and COVID-19 spending.