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By Jason Clemens,
and Milagros Palacios
The Fraser Institute
Since its election, the current federal Liberal government has consistently demonstrated its disinterest in targeting spending to those in need and limiting debt accumulation.
Despite expected deficits of $381.6 billion this year and $121.2 billion next year, and that the national debt (adjusted for financial assets) is on track to reach $1.5 trillion by 2025-26, the federal government announced more new spending in its recent fiscal update.