federal deficits

9:56AM
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Federal government keeps violating self-imposed fiscal rules

The federal debt-to-GDP ratio will increase to 42.4 per cent in 2023-24 then climb higher in 2024-25.


9:56AM
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Federal government points to misleading debt rankings to justify debt explosion

In reality, Canada’s government debt is high relative to other comparable countries.


11:23AM
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The one big growth industry of the Trudeau years—the bureaucracy

From 2015 to 2022, the federal bureaucracy grew by 27 percentage points.


9:15AM
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Canada can’t meet NATO spending target without serious fiscal consequences

After recording eight consecutive budget deficits, the Trudeau government plans to run at least five more.


2:30AM
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June 27 is Balanced Budget Tax Freedom Day in Canada

According to budget forecasts, the federal government will run a $40.1 billion deficit this year.


2:30AM
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Federal government relies on wishful thinking to rationalize deficits

According to forecasts, the federal deficit will eclipse $40 billion this year.


9:10AM
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Provinces accept federal money at their peril

Rising interest rates will put additional pressure on federal finances.


4:00AM
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Indigenous programs and payouts help drive federal deficits

In just two fiscal years, Indigenous spending increased by $4 billion.