federal debt

12:30PM
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If you spent and borrowed like Ottawa you’d be in big trouble

Federal gross debt will reach a projected $2.1 trillion this year, nearly double the $1.1 trillion held in 2015/16.


2:30AM
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Ignore Ottawa’s talking points—Canada is a highly indebted country

In 2024, federal debt interest costs are expected to eclipse $54 billion.


9:09AM
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Federal government’s redistribution economics doesn’t work

From 2015 to 2022, average government transfers to families with children have increased by 24.2 per cent.


2:45AM
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Federal government should have taken own advice about debt accumulation

According to projections, the federal debt will increase by nearly 20 per cent over the next four years.


2:30AM
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Federal government’s fiscal record—one for the history books

The size of the federal government has expanded by more than one quarter in a decade.


4:07PM
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Federal government sticks to its soft fiscal targets—but this is no cause for celebration
According to the budget, deficits over five years will add more than $153 billion in additional federal debt.

2:30AM
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Federal debt interest will consume nearly one quarter of income tax revenue in 2024

From 2015/16 to 2022/23, the government added more than $820 billion in gross federal debt.


2:30AM
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Federal government expected to break ‘David Dodge Rule’ on debt interest

According to government projections, federal debt interest costs in 2023/24 will reach $46.5 billion.