federal government debt

10:47AM
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As the saying goes, a moving target is hard to hit. That is why repeated shifts in the federal government’s deficit and debt goals over the past six months have been so concerning.

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

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


11:11AM
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With budget season on the horizon, the headlines may mask the magnitude of growth in government debt.


10:40AM
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Since 2007/08, combined federal and provincial government net debt has grown from $834 billion to $1.3 trillion.


9:49AM
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All Canadian governments cumulatively spent $60.8 billion on interest payments in 2014/15, almost as much as all spending on K-12 public education.

12:41PM
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With a relatively weak Canadian economy, depressed commodity prices and the myriad of international economic issues (i.e. uncertainty in China), federal parties should offer solutions to the economic storm clouds on the horizon.