The Trudeau government has run five consecutive deficits since taking office in 2015 and is expected to have accumulated approximately $84.3 billion in federal debt—$713.2 billion total—by the end of 2019-20.
federal budget
April 8, 2020
5:30AM
Whereas the Chrétien government used balanced budgets as a guiding fiscal anchor, the Trudeau government has not had an effective fiscal rule imposing discipline on its spending, taxing, and borrowing decisions, resulting in the federal government being less prepared to respond to the current recession.
March 6, 2020
9:57AM
The national debt will hit an estimated $713.2 billion this year.
March 4, 2020
8:56AM
Canada's economy is expected to grow by a tepid 1.6 per cent in 2020.
February 27, 2020
1:00AM
September 30, 2019
3:37PM
In 2018, federal government spending (per-person inflation-adjusted) reached its highest point in Canadian history.
August 8, 2019
3:50PM
No Opposition party has signalled it would balance the budget in the near- or medium-term.
June 10, 2019
12:20PM
In 2018, per person program spending (inflation adjusted) reached $8,869, the highest point in Canadian history.
June 6, 2019
1:28PM
Albertans made a net contribution of more than $20 billion in 2017/18.
April 2, 2019
10:11AM
Overly politicized budgets, particularly budgets seemingly assembled haphazardly, risk producing poor policies.