The federal government continues to run and plan for substantial budget deficits.
federal debt
November 3, 2022
4:24PM
At every opportunity, the government has spent unexpected revenue windfalls.
November 3, 2022
9:52AM
Between 2015 and 2019, Ottawa ran five consecutive deficits, causing federal debt to rise by $112 billion.
August 11, 2022
10:43AM
According to projections, the federal debt will reach nearly $2 trillion in 2026-27.
August 3, 2022
8:55AM
If interest rates exceed economic growth rates, debt becomes unstable.
July 25, 2022
3:49PM
This year's federal per-person debt level is more than 25 per cent higher than in 2019.
July 4, 2022
7:00AM
If the federal government reduced spending, it could help lower inflation and limit the increase in interest rates.
June 21, 2022
1:45PM
From 2019 to 2021, Canada had the second-highest increase in gross debt as a share of the economy out of 33 countries.