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Canada’s Government Sector Is Growing Faster Than the Private Sector, PBO Says

Started by Epoch-Times-Bot, Dec 02, 2022, 09:21 AM

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Epoch-Times-Bot

Dec 02, 2022, 09:21 AM
Canada's Government Sector Is Growing Faster Than the Private Sector, PBO Says

Canada’s government sector is growing faster than its private sector, and the public sector appears set to continue its growth pace, according to the Parliamentary Budget Officer (PBO).
“Growth has been faster in the public sector, generally speaking, than in the private sector,” PBO Yves Giroux told the Commons government operations and estimates committee on Dec. 1, adding that his conclusions were based off Statistics Canada reports from the last few years, as first reported by Blacklock’s Reporter.
Giroux’s office wrote in a November report that “government spending on public servant salaries and benefits is forecast to climb to almost $55 billion this year,” which represents “about $130,000 per full-time employee (FTE).”...

Source: Canada's Government Sector Is Growing Faster Than the Private Sector, PBO Says

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