federal budget

1:45PM
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For the most part, the government did not decide to reform or cut low-priority spending or ineffective programs.


10:41AM
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As the Liberals table their first budget today, federal government debt has reached $692 billion.


4:00AM
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On the eve of the new Liberal government’s first federal budget, the key is to get incentives right at home.


4:04PM
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Prime Minister Trudeau’s upcoming first budget reportedly contains a deficit in excess of $30 billion.

3:00AM
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The new federal Liberal government will table its first budget next week, with media reports suggesting a deficit triple the amount promised during the election campaign.


1:05PM
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The TD forecast shows a persistent federal deficit of approximately $30 billion a year for the foreseeable future.


3:00AM
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Per capita federal net debt (in 2015 dollars) grew from $577 in 1870 to $19,302 in 2015.


10:27AM
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Once new major spending is factored in, the annual deficit is likely to be more than $25 billion.


3:00AM
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Prime Minister Trudeau recently mused that not only will the $10 billion deficit ceiling be broken, but the return to a balanced budget by 2019/20 is now in question.