Is stimulus spending still required in Canada?

Poll: Stimulus spending

The parliamentary budget officer is questioning whether the federal Liberals need to spend tens of billions in planned stimulus.

In a report this morning, Yves Giroux says the federal guardrails designed to guide spending decisions appear to have been met, suggesting any stimulus should be wound down before the fiscal year ends in March.

Giroux says the rationale for the planned stimulus of up to $100 billion no longer exists.

His report this morning on federal finances also says the government has spent or planned to spend $541.9 billion in new measures, almost one-third of which are not related to COVID-19.

While the government is projecting a better-than-expected deficit this year, Giroux's office says the actual results may be worse than the $144.5 billion deficit outlined in Finance Minister Chrystia Freeland's budget update in December.

The Liberals still have some planned spending related to their bevy of campaign promises, which the PBO estimates would amount to $48.5 billion in net new spending over the next five years.

Have an opinion? Send it to [email protected]

Previous Polls

June 28, 2022 - 8294 votes
Should new Canadians be required to swear allegiance to the Queen?

Yes: 3228
No: 4674
Unsure: 392

June 27, 2022 - 8377 votes
Will you take in Canada Day celebrations in your city or town on Friday?

Yes: 3117
No: 4535
Unsure: 725

June 25, 2022 - 10047 votes
Are you prepared for another hot B.C. summer this year?

Yes: 7999
No: 1622
Unsure: 426

June 23, 2022 - 10713 votes
Should laid-off, unvaccinated provincial employees be brought back to work now?

Yes: 7661
No: 2673
Unsure: 379

June 22, 2022 - 8872 votes
Is the province right to shelve the Royal B.C. Museum rebuild plan?

Yes: 8077
No: 452
Unsure: 343

Previous Poll Results

Should new Canadians be required to swear allegiance to the Queen?

Total Votes:  8295

» Previous Polls

Have an idea for a poll question?
Email us [email protected]