The government is on track to run nine consecutive budgets deficits, with all but one exceeding $10 billion.
federal deficits
February 15, 2024
2:30AM
January 10, 2024
2:30AM
The 1995 federal budget began a process of major policy reforms that put the government on a path to fiscal balance.
December 6, 2023
8:30AM
A national pharmacare program would cost an estimated $15.3 billion in 2027.
November 28, 2023
9:56AM
The federal debt-to-GDP ratio will increase to 42.4 per cent in 2023-24 then climb higher in 2024-25.
November 23, 2023
9:56AM
In reality, Canada’s government debt is high relative to other comparable countries.
September 14, 2023
1:00AM
August 22, 2023
4:30AM
The average Canadian family paid 45.3 per cent of its income in taxes last year.
July 19, 2023
11:23AM
From 2015 to 2022, the federal bureaucracy grew by 27 percentage points.
July 5, 2023
9:15AM
After recording eight consecutive budget deficits, the Trudeau government plans to run at least five more.