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Canada Spends
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Canada Spends✓

@canada_spends

a @buildcanada project Sharing clear insights on government spending Join us: https://t.co/WNmeHgHASp

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  1. Canada Spends✓@canada_spends
    Since summer 2023, the @bankofcanada has conducted nine rate cuts after rates peaked at 5% in a post-COVID rebound. 📉 Tomorrow, that’s expected to change with analysts expected a rate hike to 2.50% - a mirror of the @federalreserve’s 0.25% hike last month. 📈
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    Bank of Canada @bankofcanada
    🗓 Note the date Our next scheduled interest rate decision and release of our latest economic forecasts are on October 28. #cdnecon #economy
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  2. Bank of Canada@bankofcanada
    🗓 Note the date Our next scheduled interest rate decision and release of our latest economic forecasts are on October 28. #cdnecon #economy
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  3. Canada Spends✓@canada_spends
    Posts @canada_spends
    In the US, the Federal Reserve has a formal “dual mandate”: Balancing unemployment and inflation. The dual mandate is not a formal consideration of the Bank of Canada, but the 2021 renewal agreement between the BoC and Canadian government added a secondary goal of “maximum sustainable employment” secondary to price stability.
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  4. Canada Spends✓@canada_spends
    Posts @canada_spends
    Following a rate hike, Canadians can expect: - Payments on variable rate mortgages to rise at varying levels depending on years remaining and size - A bump in the value of the Canadian dollar - A rise in high-interest savings account and GIC rates
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  5. Canada Spends✓@canada_spends
    Elections can be costly. Literally. 💸 And they’re getting (understandably) more expensive as time goes on. Here are the most expensive Canadian elections of the last 10 years (plus tonight’s Toronto election). 🗳️
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  6. Canada Spends✓@canada_spends
    Canada Spends
    RT @nationalpost: U.S. is taking in a lot of Canadians, with immigration numbers up 142%. Build Canada group says brain drain is a real issue, but it has some 'bold policy choices' that it says could help
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  7. Canada Spends✓@canada_spends
    Canada Spends
    RT @buildcanada: It’s true. Canada is facing an IPO drought.
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    Bloomberg @business
    Canada will struggle to find another stock-market success story like Shopify as the country grapples with a public-listing drought and a delisting trend, according to Daniel Nowlan at National Bank Capital Markets
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  8. Bloomberg✓@business
    Canada will struggle to find another stock-market success story like Shopify as the country grapples with a public-listing drought and a delisting trend, according to Daniel Nowlan at National Bank Capital Markets
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  9. Canada Spends✓@canada_spends
    Among G7 countries, Canada has the highest share of venture capital tied to government. In 2025, 36% of the money raised by Canadian VC funds went to funds backed by federal programs, compared to 23% in France, 8% in the UK and about 4% in the US.
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    Canada Spends @canada_spends
    The @bdc_ca allows the federal government to back Canadian entrepreneurs and fill gaps left by private lenders and investors, including by backing startups directly. In 2025, it was the source of 3.5% of Canadian VC investment. Across companies like @XanaduAI, @NasdaqVerafin, and @dwavequantum, the BDC's biggest wins have netted upwards of $10B USD in investor gains.
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  10. Canada Spends✓@canada_spends
    The @bdc_ca allows the federal government to back Canadian entrepreneurs and fill gaps left by private lenders and investors, including by backing startups directly. In 2025, it was the source of 3.5% of Canadian VC investment. Across companies like @XanaduAI, @NasdaqVerafin, and @dwavequantum, the BDC's biggest wins have netted upwards of $10B USD in investor gains.
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  11. Canada Spends✓@canada_spends
    Posts @canada_spends
    The 36% counts the full size of every VC fund with a federal program among its investors. BDC's own direct investments in startups were a much smaller slice, about 3.5% of Canadian VC dollars in 2025.
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  12. Canada Spends✓@canada_spends
    Canada Spends
    RT @buildcanada: 🇨🇦 just launched a $1.75B VC push via BDC. Split across 2 programs & 5 streams, it's been years in the making (and is likely still a few from actual investment). Funds will flow through private fund managers, & only the $700M fund-of-funds stream is open for applications. 🧵
    The Globe and Mail @globeandmail
    Ottawa kicks off process to give $1.75-billion boost to venture capital sector
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  13. The Globe and Mail✓@globeandmail
    Ottawa kicks off process to give $1.75-billion boost to venture capital sector
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  14. Canada Spends✓@canada_spends
    Our time to shine. Stay tuned, Canada
    GC Newsroom @NewsroomGC
    Government of Canada to release Budget 2026 on November 5
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  15. GC Newsroom@NewsroomGC
    Government of Canada to release Budget 2026 on November 5
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  16. Canada Spends✓@canada_spends
    Canada Spends
    RT @buildcanada: In 2000, Canada ranked 9th in the world for economic freedom. In 2024, it’s 18th. 📉 Ireland, Finland, Japan, the Netherlands, Iceland, Luxembourg, Estonia, Mauritius, and Taiwan were all behind us. Today they’re all ahead.
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  17. Canada Spends✓@canada_spends
    Canada Spends
    RT @buildcanada: Canadian immigration to the US is up. By a lot. ✈️ Our universities and institutions shape world-class talent, only for them to head to Silicon Valley for better opportunities. We can do something about it 👇
    Rapid Response 47 @RapidResponse47
    NYT: Legal Immigration Fell Sharply Under Trump Policies Adopted Early This Year 👍🏻
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  18. Rapid Response 47✓@RapidResponse47
    NYT: Legal Immigration Fell Sharply Under Trump Policies Adopted Early This Year 👍🏻
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  19. Canada Spends✓@canada_spends
    In 2023, the CRA agreed to pay out $40M to a tax-fraudster claiming that he overpaid taxes. They never checked. That is equivalent to the taxes paid by 909 median Canadians. The CRA is aware of at least $300M in fraudulent claims of this nature.
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  20. Canada Spends✓@canada_spends
    Play Premier with our newest tool: the Provincial Tax Simulator. 💰🇨🇦 Simulate changes to any province's income tax rules and compare it with the current law of other provinces. What would income tax look like in your province if it was up to you?
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  21. Canada Spends✓@canada_spends
    Posts @canada_spends
    Run your own simulated tax changes here:
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  22. Canada Spends✓@canada_spends
    Canada Spends
    RT @buildcanada: Losses were dominated by public sector jobs (particularly in education and health care) and self-employment. Private sector jobs however, rose by 24,100. 📊
    BNN Bloomberg @BNNBloomberg
    #BREAKING: Statistics Canada says the economy shed 68,000 jobs in September, marking a second straight month of falling employment levels.
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  23. BNN Bloomberg@BNNBloomberg
    #BREAKING: Statistics Canada says the economy shed 68,000 jobs in September, marking a second straight month of falling employment levels.
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  24. Canada Spends✓@canada_spends
    Our OAS bill has an average annual compounding growth rate of ~5.7% per year. That's faster than inflation (3.0%) and wage growth (3.2%).
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    Build Canada @buildcanada
    14.7% of federal spending goes towards funding Old-Age Security in 🇨🇦. In 🇬🇧, 11.1% of public spending is used to fund the State Pension + Pension Credit, and they're *still* feeling the pressure. We're on pace to be paying double by 2045. It's time to address our OAS crisis.🪙
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  25. Build Canada✓@buildcanada
    14.7% of federal spending goes towards funding Old-Age Security in 🇨🇦. In 🇬🇧, 11.1% of public spending is used to fund the State Pension + Pension Credit, and they're *still* feeling the pressure. We're on pace to be paying double by 2045. It's time to address our OAS crisis.🪙
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  26. Canada Spends✓@canada_spends
    Canada Spends
    RT @buildcanada: No doubt, another major step towards a massive energy market unlock for Canada 🇨🇦 ... but with much more still to do. There's no time to stop and celebrate. Let's keep moving.
    Courtney Theriault @cspotweet
    A hearty round of applause as PM Mark Carney officially lists the west coast pipeline known as Pacific Link as a project of national interest.
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  27. Courtney Theriault✓@cspotweet
    A hearty round of applause as PM Mark Carney officially lists the west coast pipeline known as Pacific Link as a project of national interest.
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  28. Canada Spends✓@canada_spends
    Many of the largest cities in the nation receive substantial federal funding for housing, disaster prevention, infrastructure, and more. 🪙 Here are the top 10 recipients: 1️⃣ Toronto: $1.657B 2️⃣ Calgary: $310M 3️⃣ Montréal: $270M 4️⃣ Ottawa: $243M 5️⃣ Edmonton: $236M 6️⃣ Brampton: $209M 7️⃣ Winnipeg: $186M 8️⃣ Mississauga: $161M 9️⃣ Hamilton: $141M 🔟 Vancouver: $117M
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  29. Canada Spends✓@canada_spends
    Posts @canada_spends
    Per resident: 1️⃣ Toronto: $593 2️⃣ Gatineau: $322 3️⃣ Brampton: $318 4️⃣ Moncton: $285 5️⃣ Halifax: $256 6️⃣ Winnipeg: $249 7️⃣ Hamilton: $248 8️⃣ Longueuil: $243 9️⃣ London: $241 🔟 Ottawa: $239 Toronto's substantial portion of federal funding attributed to "Other federal programs" stems almost entirely from the Canada Public Transit Fund ($950.9M), plus $52.3M from Reaching Home (homelessness prevention). During this fiscal period, the Ontario Line, the Scarborough Subway Extension, the Eglinton Crosstown West Extension, and the Yonge North Subway Extension were all under construction.
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  30. Canada Spends✓@canada_spends
    Posts @canada_spends
    These lists capture data from: - Housing Accelerator Fund (HAF) - Canada-Quebec Housing Agreement - Canada Community-Building Fund (CCBF) - Quebec Gas Tax Program (TECQ) - Disaster Mitigation and Adaptation Fund (DMAF) - Canada Public Transit Fund - Investing in Canada Infrastructure Program - Canada Housing Infrastructure Fund - Reaching Home - Affordable Housing Partnership - Active Transportation Fund Funding from these programs captures the vast majority of federal funding for municipalities, but small amounts from outside of these programs may not be reflected in counts.
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