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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. 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 ...

  3. Estimating the recessionary impact on Nova Scotia finances: Part 2

    The COVID-19 crisis has dealt a major blow to Nova Scotia’s economy and all indications point to a marked deterioration of provincial finances. Prior to the recession, the McNeil government had established a string of balanced operating ...

  4. Atlantic Canadians carry large government debt burden

    Newfoundland and Labrador has the highest per-person total government debt among the provinces at $48,478. ...

  5. The Growing Debt Burden for Canadians

    Budget deficits and increasing debt have become serious fiscal challenges facing the federal and many provincial governments today. Since 2007/08, combined federal and provincial nominal net debt has grown from $837.0 billion to a projected $1.5 ...

  6. The Principal Secretary to the Prime Minister said what?

    Per-person spending last year was only $72 short of the all-time high reached during the 2009 recession. ...