federal government spending

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.


2:30AM
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Federal government cranked up spending up but Canadians are worse off

Over the past eight years, Canada's growth in real GDP per person is a paltry 1.6 per cent versus 14.7 per cent in the United States.


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.


8:30AM
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Federal government’s fiscal plan raises red flags

A national pharmacare program would cost an estimated $15.3 billion in 2027.


3:30AM
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Spending sprees by governments across Canada help fuel inflation and high interest rates

Between 2024/25 and 2027/28, the federal government has increased projected spending by $30.7 billion more than previously forecasted.


9:56AM
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Federal government keeps violating self-imposed fiscal rules

The federal debt-to-GDP ratio will increase to 42.4 per cent in 2023-24 then climb higher in 2024-25.


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.