In 2024/25, federal program spending will reach a projected $483.6 billion—up $16.1 billion from the previous budget’s estimates.
federal budget
April 16, 2024
3:01PM
April 13, 2024
4:30AM
According to projections, this federal government will possess the eight highest levels of per-person spending in Canadian history.
April 11, 2024
9:30AM
From 2013 to 2022, per-person economic growth—a broad measure of living standards—was at its lowest rate since the Great Depression.
April 8, 2024
2:30AM
Support for government-funded pharmacare, dental care and daycare plummeted to well below 50 per cent if the programs are paid for by tax hikes.
March 29, 2024
3:30AM
In 2023/24, interest costs on federal government debt will reach a projected $46.5 billion.
March 26, 2024
2:30AM
Since 2014/15, annual federal program spending has increased by $193.6 billion—or 75.5 per cent.
March 6, 2024
1:33PM
Since 2015, per-person GDP in Canada has grown by only 1.9 per cent.
March 2, 2024
4:30AM
The inability to control spending remains the primary reason for Ottawa's string of deficits.
February 15, 2024
2:30AM
The government is on track to run nine consecutive budgets deficits, with all but one exceeding $10 billion.
November 9, 2023
12:00PM
By the end of this fiscal year, the federal government will have racked up $591.9 billion in debt since 2015.