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1. The evolution of federal debt interest costs in Canada

   The federal government has seemingly ditched the debt-averse approach that largely prevailed in Ottawa since the mid-1980s. ...

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. Canadians pay the price for mounting government debt

   Ontario will spend an estimated $13 billion on government debt interest costs in 2020/21. ...

4. Trudeau government poised to embrace much more federal debt

   Starting in the mid-1980s, Canada’s federal fiscal policy focused heavily on trying to limit the accumulation of debt and push down (or at least prevent) growth in Ottawa’s debt-to-GDP ratio. To achieve this objective, successive ...

5. Alberta’s woes threaten Canada’s finances from coast to coast

   Ottawa annually pocketed $22 billion more in revenue from Alberta than it spent in the province. ...

6. Federal and provincial government debt mounting quickly in Canada

   Due to persistent budget deficits in the decade following the 2008 recession and, more recently, the economic effects of COVID-19, government debt is rising rapidly across Canada. Hence, as budget season looms, it’s especially important ...

7. 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 ...

8. Trudeau government must chart credible plan to balance federal budget

   Appeared in the Ottawa Sun, January 13, 2021 In the late stages of 2020, Prime Minister Trudeau committed to “absolutely” balance the federal budget—at some point in the future. Of course, a balanced budget would halt the debt accumulation that started ...

9. Federal finances ‘careening downhill’ fast

   It has now been nearly a week since federal Finance Minister Chrystia Freeland released the fall economic statement (FES). After a suitable period of digestion, it’s still unclear where exactly federal finances are heading aside from very ...

10. Making sense of Canada’s $381.6 billion federal budget deficit

    The Trudeau government this week published its fall fiscal update for 2020. The headline-grabbing number emerging from the report was the government’s forecasted budget deficit for the year—$381.6 billion. As is often the case when it ...