Between 2015 and 2019, Ottawa ran five consecutive deficits, causing federal debt to rise by $112 billion.
federal government budget
Août 25, 2022
8:23AM
According to the budget, federal spending will reach $434.3 billion this year, more than a two-thirds increase in less than a decade.
Juillet 4, 2022
7:00AM
If the federal government reduced spending, it could help lower inflation and limit the increase in interest rates.
Mai 25, 2022
8:22AM
The Ontario government projects a $19.9 billion deficit this year and continued deficits until 2027-28.
Mai 12, 2022
10:52AM
Residents in all provinces already pay more than $550 per person annually on government debt interest.
Avril 12, 2022
11:42AM
The projected federal deficit in 2022-23 is 34 per cent higher than the deficit in 2019-20.
Avril 8, 2022
9:06AM
Higher government spending will lead to higher taxes and lower rates of economic growth.
Avril 7, 2022
4:01PM
The projected federal deficit for 2022/23 could have been reduced by more than 42 per cent had the government stuck to last spring's spending plan.
Avril 4, 2022
3:30AM
A lack of fiscal prudence left Canada vulnerable when the pandemic hit.
Mars 28, 2022
3:56PM
Canada's productivity growth and levels of business investment have been lacklustre for decades.