The national debt will reach a projected $2 trillion by 2025-26.
federal budget
December 14, 2021
4:22PM
According to the update, the government will continue to spend well in excess of projected revenues.
December 10, 2021
9:58AM
The price of gas has increased by 41.7 per cent over the last 12 months.
November 25, 2021
3:34PM
Despite the dismal state of federal finances, the speech did not include the terms “deficit” or “debt."
August 9, 2021
10:42AM
The Trudeau government plans to implement new spending programs including national childcare and pharmacare.
May 26, 2021
12:12PM
Many economists warn about ballooning budget deficits and the potential for higher interest rates in the future.
April 29, 2021
9:31AM
The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.”
April 28, 2021
10:11AM
The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22.
April 23, 2021
9:32AM
The plan calls for $27.2 billion over the next five years to reduce daycare costs.