According to the budget, deficits over five years will add more than $153 billion in additional federal debt.
federal government spending
Avril 16, 2024
4:07PM
Avril 16, 2024
3:01PM
In 2024/25, federal program spending will reach a projected $483.6 billion—up $16.1 billion from the previous budget’s estimates.
Mars 26, 2024
2:30AM
Since 2014/15, annual federal program spending has increased by $193.6 billion—or 75.5 per cent.
Mars 18, 2024
4:00AM
These deficits have fuelled an $867.2 billion increase in gross federal debt from 2014/15 to 2022/23.
Mars 6, 2024
1:33PM
Since 2015, per-person GDP in Canada has grown by only 1.9 per cent.
Février 28, 2024
2:30AM
Canada’s population is expanding by more than one million per year while housing starts are stuck below 250,000.
Février 15, 2024
2:30AM
The government is on track to run nine consecutive budgets deficits, with all but one exceeding $10 billion.
Février 13, 2024
1:15AM
Février 4, 2024
1:00PM
The quarterly declines in real per-person GDP have occurred before, during and after the pandemic.
Janvier 29, 2024
9:48AM
Nearly a decade of uninterrupted deficits has increased the federal debt by $941.9 billion.