New Report Paints Dire Picture for Post-COVID Recovery Due to Increased Spending, Bigger Government

New Report Paints Dire Picture for Post-COVID Recovery Due to Increased Spending, Bigger Government
Finance Minister Chrystia Freeland delivers the 2020 fiscal update in the House of Commons on Nov. 30, 2020. The Canadian Press/Sean Kilpatrick
Shane Miller
Updated:
The increased size of government coupled with unprecedented spending in response to the pandemic could serve to hinder economic recovery efforts, according to a new report.

Moreover, based on the growth of government in relation to per-person spending and the size of the economy, further excessive expansion of government post-COVID could impede prosperity for Canadians and their families and slow economic growth, the report found.