OTTAWA – The federal government failed to spend $38 billion, last fiscal year, intended for promised programs and services, including broadband Internet, new military equipment, affordable housing, veterans support and services to the Natives. The “excuse” is that of delays and interruptions due to the Covid-19 pandemic, but the reality is that unspent funds have played an important role in lowering the deficit: in the year ending March 31, 2022, in fact, Canada ran a deficit of $90.2 billion, $23.6 billion less than budgeted for.  (more…)