federal deficits

9:58AM
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To fulfill Trudeau’s latest fiscal promise, spring budget must chart path to budget balance

The Liberals ran three years of deficits totalling $51.9 billion, more than double the amount promised during the campaign.


9:25AM
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Trudeau government must chart credible plan to balance federal budget

Ottawa expects the federal deficit to reach $381.6 billion in 2020/21.


1:06PM
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Federal finances ‘careening downhill’ fast
The federal net debt may rise from $812.9 billion in 2019-20 to more than $1.4 trillion by 2025-26.

3:49PM
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Making sense of Canada’s $381.6 billion federal budget deficit

Eliminating the entire equalization program this year would reduce the federal deficit by only 5.4 per cent.


10:43AM
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Trudeau government’s approach to federal finances anything but ‘prudent’

Up to $22.3 billion of income stabilization spending was likely wasted or poorly targeted.


4:46PM
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Canada’s fiscal situation near crisis levels

Federal net debt for 2020-21 will likely exceed $1.1 trillion.


3:49PM
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Canada’s spending and deficits higher than comparable countries during pandemic

Canada ranks 6th highest among 35 high-income for the share of the economy represented by government spending.


3:02PM
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Throne speech brings bigger government, more fiscal challenges

Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.