The federal government projects a $52.8 billion budget deficit for 2022/23.
federal deficits
March 28, 2022
3:56PM
Canada's productivity growth and levels of business investment have been lacklustre for decades.
March 15, 2022
5:00AM
Rules that impose mandatory fiscal discipline help produce better and more responsible fiscal outcomes.
December 9, 2021
8:25AM
Canada ranked 30th of 38 industrial countries for its average rate of economic growth from 2015 to 2019.
August 25, 2021
10:36AM
Canada has the fifth-highest level of total government debt among 29 industrialized countries.
July 15, 2021
8:48AM
Due to federal tax changes, 61 per cent of low-income families face higher personal income taxes.
May 26, 2021
12:12PM
Many economists warn about ballooning budget deficits and the potential for higher interest rates in the future.
April 12, 2021
12:03PM
Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21.
February 16, 2021
2:23PM
This year's federal budget deficit will reach a projected $381 billion.
February 10, 2021
11:36AM
Ottawa annually pocketed $22 billion more in revenue from Alberta than it spent in the province.