federal government debt

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More bad news for federal finances—even worse if recession hits

The deficit is now pegged at $26.6 billion for 2019/20—$6.8 billion more than originally planned in last spring's budget.

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Ottawa has a big spending problem

Total federal expenditures will grow to a projected $420.5 billion in 2024-25.

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Fiscal update—increased spending and debt comes at a costs

Program spending could grow by nearly $50 billion in just five years

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Throne speech ignores realities of federal finances

The unemployment rate rose to 5.9 per cent, in the biggest one-month jump since the 2009 recession.

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Ottawa’s appetite for spending continues to grow

For April and May of this year, federal government program spending increased by $6.3 billion.

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Alberta’s economic health remains a matter of national importance

The federal deficit was approximately $19 billion in both 2016/17 and 2017/18.

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Scheer moves closer to Trudeau, further way from sound fiscal policy

The federal deficit could hit $34.4 billion should Canada go into recession.

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Mr. Prime Minister, the good times won’t last forever

The 2018-19 federal deficit will be $800 million higher than projected in the government’s budget.