federal debt

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Debt interest costs threaten sustainability of federal finances

According to forecasts, Ottawa's annual debt interest costs will eclipse $50 billion by 2028.

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Federal government relies on wishful thinking to rationalize deficits

According to forecasts, the federal deficit will eclipse $40 billion this year.

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Provinces accept federal money at their peril

Rising interest rates will put additional pressure on federal finances.

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Government debt interest costs rising across Canada

Federal debt interest costs will reach a forecasted $43.9 billion in 2023/24.

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We’re deeper in debt than Ottawa tells us

Canada's gross government debt is equal to 111 per cent of the country's GDP.

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Budget 2023—a reckless approach to federal finances

The budget projects a deficit of $40.1 billion in 2023/24, which is nearly $10 billion higher than projections in November.

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Federal government continues to peddle misleading debt numbers

The total value of government debt in 2022 in Canada exceeded the entire size of the economy by more than 10 per cent.

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Federal government’s upcoming budget must address ‘growth deficit’

Between 2016 and 2019, the Trudeau government recorded average economic growth of 2.1 per cent compared to 4.6 per cent during the Chrétien years.