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  1. 2021 budgets establish uncertain future for government finances in Canada

    The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22. ...

  2. Federal and Provincial Debt-Interest Costs for Canadians

    In recent years, deficit spending and growing government debt have become a trend for many Canadian governments. Like households, governments are required to pay interest on their debt. In aggregate, the provinces and federal government are ...

  3. The Growing Debt Burden for Canadians: 2021 Edition

    Budget deficits and increasing debt have become serious fiscal challenges facing the federal and many provincial governments recently. Since 2007/08, combined federal and provincial net debt (inflation-adjusted) has doubled from $1.0 trillion to a ...

  4. Government debt—the burden on Albertans continues to grow

    At quick glance, you might think Albertans are fortunate to have a relatively low provincial debt burden. But that’s an incomplete and perhaps misleading story. In reality, the debt burden for Albertans is growing quickly. Of course, the ...

  5. Canada’s federal deficits would be much worse without Alberta

    The prevailing narrative surrounding the post-2008 recovery in Canada is that the country weathered the storm significantly better than the United States, and has emerged in relatively strong fiscal shape (though certainly not unscathed) ...