Canadians are the faucet and the Liberals have the wrench:
The Department of Public Works in five years paid nearly $1.7 million in bonuses to executives managing a bungled payroll system that cost taxpayers billions. “Ensuring public servants are paid accurately and on time is a top priority,” wrote cabinet.
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Pandemic spending this year is expected to hike Canada’s combined federal and provincial debt to $2 trillion, double the $1 trillion debt in 2007-08, according to a new study by the Fraser Institute.
The figures, adjusted for inflation, mean that in the current fiscal year, Canada’ combined debt will equal 91.6% of the annual output of the Canadian economy, up from 65.2% last year.
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