federal government debt

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Spending, not lack of revenue, driving Ottawa’s red ink

All the estimates converge to a federal deficit of more than $12 billion by 2022-23.

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Recession would seriously derail federal finances

The Trudeau government spent $8,639 per person in 2018-19.

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Federal program spending will reach a projected $321.5 billion next year—up 22.2 per cent since 2015.

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Contrary to what the finance minister says, federal finances are vulnerable

According to recent estimates, the government won’t achieve a balanced budget until 2045.

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Two fiscal freight trains hurling toward Ottawa

The annual deficit from a recession could increase from its current level of $19 billion to almost $50 billion.

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Government debt and the next recession

Over a ten-year period, Canada’s general government gross debt rose from 69 per cent to 87 per cent.