debt and deficit

12:43PM
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The budget proposes cumulative deficits totalling $72.8 billion over the government’s first mandate.


6:00AM
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This $51 billion increase in spending represents total growth of 20.1 per cent in just three years.


12:35PM
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Premier John Horgan’s NDP government campaigned on balanced budgets.


7:00AM
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The $10.3 billion deficit the province plans to run this year is just shy of the provincial record of $10.8 billion set last year.


5:30AM
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Prime Minister Trudeau is on track to increase per-person federal debt more than any other prime minister in Canadian history who didn’t face a world war or economic recession.


11:00AM
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In the last 37 fiscal years, the province has only posted seven budget surpluses.


9:51AM
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The province is expected to run a $192 million deficit in 2017-18.


7:30AM
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Tucked away in the middle of the country, Manitoba has managed to keep a low profile when it comes to its fiscal situation, but it hasn’t balanced a budget since 2009.


12:30PM
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From 2007 and 2015, Alberta contributed $188.6 billion more in taxes to Ottawa than it received in transfers or federal programs.