In its monthly fiscal monitor, the Finance Department says program expenses for the three-month period of April to June hit almost $167.9 billion, an increase of about $90.3 billion from the same period a year earlier.
Major transfers to persons -- which consists this fiscal year of seniors benefits, employment insurance payments, the Canada Emergency Response Benefit, and children's benefits -- increased by 193.5 per cent year-over-year, hitting almost $70.6 billion. Revenues for the period totalled $52.4 billion, were down $32 billion or 37.9 per cent compared with the same period last year, primarily as a result of the government deferring tax filing deadlines and collection.
JustinTrudeau ‘s finance team.
Don’t worry, there will be much more spending to come. It’s only Monopoly money right.
Spanky's been hard at it.
yay, waiting for the budget to balance itself