So-called "stimulus spending" displaces future private spending and reduces future economic growth.
deficit spending
May 18, 2022
3:54PM
The federal government projects a $52.8 billion budget deficit for 2022/23.
November 26, 2018
1:52PM
The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.
November 23, 2018
11:26AM
Program spending this fiscal year will reach $320.2 billion.
November 21, 2018
3:30PM
Just six months into its 2018/19 plan, the government upped spending by $8 billion.
March 23, 2018
9:04AM
Once its net debt reaches $48 billion in 2020/21, Alberta will have burned through $83 billion in net assets in 13 years.
March 6, 2018
2:37PM
Canada’s federal net debt will climb to $831.5 billion by 2022-23.
March 1, 2018
12:43PM
The budget proposes cumulative deficits totalling $72.8 billion over the government’s first mandate.
February 23, 2018
6:00AM
This $51 billion increase in spending represents total growth of 20.1 per cent in just three years.
December 21, 2017
5:30AM
Prime Minister Trudeau is on track to increase per-person federal debt more than any other prime minister in Canadian history who didn’t face a world war or economic recession.