If the conditions of the 2008-09 recession were repeated, the annual deficit would skyrocket to $120.5 billion.
federal debt
August 20, 2019
11:43AM
For April and May of this year, federal government program spending increased by $6.3 billion.
August 20, 2019
1:00AM
March 20, 2019
9:20AM
Ontarians are on the hook for approximately 40 per cent of the federal government’s net debt.
February 27, 2019
10:44AM
George W. Bush increased the ratio by 27.5 percentage points.
November 23, 2018
11:26AM
Program spending this fiscal year will reach $320.2 billion.
November 21, 2018
3:30PM
Just six months into its 2018/19 plan, the government upped spending by $8 billion.
November 14, 2018
12:00AM
The federal deficit is now about $19 billion.
November 1, 2018
9:39AM
According to recent estimates, the government won’t achieve a balanced budget until 2045.