federal government debt

2:30AM
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Federal government expected to break ‘David Dodge Rule’ on debt interest

According to government projections, federal debt interest costs in 2023/24 will reach $46.5 billion.


9:48AM
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Prime minister rejects ‘austerity’ despite massive debt and dismal economic growth
Nearly a decade of uninterrupted deficits has increased the federal debt by $941.9 billion.

10:06AM
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Federal government debt interest costs nearly double in just two years

From 2021/22 to 2023/24, federal debt interest costs increased from $24.5 billion to $46.5 billion.


10:35AM
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Federal government consistently spends beyond high spending targets

The government now expects to spend $58 billion more than its 2023 budget projections.


9:03AM
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You are paying for our governments’ debt addiction

Since 2007-08, combined federal and provincial government net debt has increased by roughly $1 trillion.


2:30AM
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Federal government’s promises of deficit reduction ring hollow

The 1995 federal budget began a process of major policy reforms that put the government on a path to fiscal balance.


4:30AM
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Cost of federal government debt rising for Canadians

Federal debt interest costs increased by 90 per cent in just two years.


3:51PM
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Federal government maintains high levels of spending and abandons fiscal anchor

Projected federal spending from 2024 to 2027 is now $30.7 billion higher than previous forecasts.