The federal deficit is now about $19 billion.
According to recent estimates, the government won’t achieve a balanced budget until 2045.
Currently, the annual interest paid on Canada’s federal debt is $26.3 billion.
The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.
Only 10.6 per cent of the nearly $100 billion in new infrastructure spending is for trade and transportation.
Statistics Canada’s August economic growth numbers show that the economy contracted.
About 40 per cent of federal revenue comes from Ontario.
Trudeau expected to increase per-person federal debt by 5 per cent by 2019.