Liberals to run $???B deficit in 2021 with economy poised for stomach-churning plunge: PBO





The Conservatives sent out this chart of the deficit.


But news sources give these amounts. (Searching the web gives us multiple answers)









2016 - 2017 - $19 Billion

2017 - 2018 - $19 Billion

2018 - 2019 - $14 Billion

2019 - 2020 - $39 Billion

2020 - 2021 - $385 Billion


So we will take the figure of $476,000,000,000


2021 - 2022 - $381 Billion (Tentative)


In 6 years. Trudeau will have spent all monies sent to Ottawa via taxes collected. And increased the deficit to nearly ONE TRILLION DOLLARS, more than all other PM's combined.


December 21 2018

Federal budget won’t be balanced until 2040, Finance Department says

https://globalnews.ca/news/4787265/federal-budget-balance-2040/


August 3 2019

GOLDSTEIN: It’s 2019, where’s Trudeau’s balanced budget?

https://torontosun.com/opinion/columnists/goldstein-its-2019-wheres-trudeaus-balanced-budget

March 27 2020

https://nationalpost.com/news/canada/liberals-to-run-113b-deficit-in-2021-with-economy-poised-for-stomach-churning-plunge-pbo

April 2 2020

Trudeau government to reach record-breaking $130 BILLION deficit

https://www.thepostmillennial.com/trudeau-government-to-reach-record-breaking-130-billion-deficit

May 26 2020

Federal deficit likely now at $260-billion due to COVID-19, PBO says

https://www.theglobeandmail.com/business/economy/article-federal-deficit-likely-now-at-260-billion-due-to-covid-19-pbo-says/

July 8 2020

BREAKING: Trudeau Liberals hit $1.06 TRILLION debt after most costly pandemic plan in G7

https://thepostmillennial.com/breaking-trudeau-liberals-hit-106-trillion-debt-after-most-costly-pandemic-plan-in-g7

July 8 2020

Ottawa to post $343B deficit as spending hits levels not seen since Second World War

https://www.cbc.ca/news/politics/bill-morneau-fiscal-update-budget-deficit-1.5641864

July 8 2020

Highlights of Bill Morneau's 2020 fiscal 'snapshot'

https://www.cbc.ca/news/politics/fiscal-snapshot-morneau-highlights-2020-1.5642115

August 21 2020

Fed Deficit Nears $400 Billion https://www.blacklocks.ca/fed-deficit-nears-400-billion/

October 16 2020

Canada's Budget Deficit Has Grown By More Than Any Other G20 Country Amid Pandemic: NBF

https://www.huffingtonpost.ca/entry/budget-deficit-canada_ca_5f89a94fc5b62dbe71c23326

October 22 2020

Liberals Running Biggest Deficit In The World, Spending Above World War Two Levels

https://spencerfernando.com/2020/10/22/liberals-running-biggest-deficit-in-the-world-spending-above-world-war-two-levels/


December 4 2020

John Ivison: Mind-blowing Liberal spending spree a massive rip-off of future generations

https://nationalpost.com/opinion/john-ivison-mind-blowing-liberal-spending-spree-a-massive-rip-off-of-future-generations


January 11 2021

National credit card maxed out, says Poilievre, as Liberals plan massive increase in debt ceiling to $1.8 trillion

https://www.westernstandardonline.com/2021/01/national-credit-card-maxed-out-says-poilievre-as-liberals-plan-massive-increase-in-debt-ceiling-to-1-8-trillion/


January 26 2021

Trudeau Liberals to spend $1 trillion (and all we have to show for it is this sad economy)

https://nationalpost.com/news/politics/liberals-spending-unlikely-to-build-back-better-even-as-hundreds-of-billions-go-out-the-door-experts-warn/wcm/e9b0c616-c369-4361-9e58-a7b313ae2a43/amp/


March 16 2021

More than the Second World War: Here's the eyewatering debt Canada is racking up

https://nationalpost.com/news/canada/heres-the-eyewatering-debt-canada-is-racking-up


March 24 2021

Huge increase in Canada’s debt ceiling approved

https://westernstandardonline.com/2021/03/huge-increase-in-canadas-debt-ceiling-approved/


Finance committee votes to raise debt ceiling to $1,831,000,000,000

https://tnc.news/2021/03/24/finance-committee-votes-to-raise-debt-ceiling-to-1831000000000/


March 26 2021

Trudeau gov't gives itself permission to borrow $635 billion this year

https://www.rebelnews.com/trudeau_govt_gives_itself_permission_to_borrow_635_billion_dollars_this_year


March 31 2021

Total federal deficit for 2020-2021 will be $363.4 billion: PBO

https://tnc.news/2021/03/31/total-federal-deficit-for-2020-2021-will-be-363-4-billion-pbo/


Prime Ministers and Government Spending: 2021 Edition

https://www.fraserinstitute.org/blogs/prime-ministers-and-government-spending-2021-edition


April 7 2021

WATCH: Why is nobody talking about Canada's disastrous government overspending?

https://thepostmillennial.com/canadas-disastrous-government-overspending/





April 20 2021

Canada 'rolling the dice' on big-spending federal budget as debt total set to climb beyond $1.4 trillion

https://nationalpost.com/news/canada-rolling-the-dice-on-big-spending-federal-budget-as-debt-total-set-to-climb-beyond-1-4-trillion


June 10 2021

Nelson: Canada's pandemic cash giveaway reaches deadly level

https://calgaryherald.com/opinion/columnists/nelson-canadas-cash-giveaway-reaches-deadly-level


July 22 2021

Federal budget won’t be balanced until 2070: PBO

https://tnc.news/2021/07/22/federal-budget-wont-be-balanced-until-2070-pbo/


July 28 2021

Without fiscal course correction, Ottawa could be posting deficits until 2070, PBO says

https://nationalpost.com/news/without-fiscal-course-correction-ottawa-could-be-posting-deficits-until-2070-pbo-says


Rex Murphy: Starship Canada takes the federal budget where it's never gone before

https://nationalpost.com/opinion/rex-murphy-starship-canada-takes-the-federal-budget-where-its-never-gone-before


July 29 2021

'A roll of the dice': New report raises alarm over mounting federal debts as Ottawa seeks economic growth

https://nationalpost.com/news/politics/a-roll-of-the-dice-new-report-raises-alarm-over-mounting-federal-debts-as-ottawa-seeks-economic-growth