federal deficits

9:39AM
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Contrary to what the finance minister says, federal finances are vulnerable

According to recent estimates, the government won’t achieve a balanced budget until 2045.


9:37AM
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Deficit spending not a free lunch—it’s a bill to future taxpayers

Currently, the annual interest paid on Canada’s federal debt is $26.3 billion.


8:50AM
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Federal infrastructure spending—a mess of delays and misguided priorities

Only 10.6 per cent of the nearly $100 billion in new infrastructure spending is for trade and transportation.


9:08AM
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Federal finances vulnerable to economic slowdown due to deficits

Upon assuming power, the Trudeau government immediately increased budgeted federal program spending by $8.1 billion over 2015-16 to 2019-20.