Ontario entered this recession with an already elevated government debt burden.
federal debt
Juillet 9, 2020
12:16PM
The Trudeau government ran consistent deficits and accumulated significant debt over its first four years in office.
Juillet 8, 2020
1:37PM
This year's federal budget deficit will be an estimated $343.2 billion.
Juillet 8, 2020
11:53AM
The national debt is approaching $1 trillion.
Mai 20, 2020
2:59PM
According to forecasts, Canadian economic growth for 2020 will shrink by more than 12 per cent.
Avril 20, 2020
2:20PM
Ottawa raised personal income tax rates on Canadian workers.
Février 21, 2020
2:59PM
Newfoundland and Labrador has the highest per-person total government debt among the provinces at $48,478.
Février 20, 2020
10:07AM
Ottawa is expected to spend $24.4 billion on federal government debt interest costs in 2019/20.
Février 18, 2020
2:16PM
The Trudeau government projects a $26.6 billion deficit for 2019-20.