Federal Budget 2024: Where Did the $521 Billion Go? | Expenses Breakdown Explained
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Federal Budget 2024: Where Did the $521 Billion Go? | Expenses Breakdown Explained
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Where did $521 billion of Canadian taxpayer money go in 2024? In this eye-opening Part 2 of our Federal Fiscal Report breakdown, we unpack where every dollar was spent—from senior benefits and child care to provincial transfers and employment insurance.
Paul Micucci, economic analyst and political commentator
In this episode, we cover:
• The largest spending categories in the 2024 federal budget
• Why expenses are now outpacing revenues, and what that means
• Which sectors and demographics are receiving more funding
• The implications of rising deficits for future generations
• How these trends may shape future policy and elections
Watch Part 1 (Revenue Breakdown) → https://youtu.be/fnb3QOVYWkU
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