A one percentage point increase in the effective interest rate would increase Ottawa's annual debt interest costs by $13.8 billion.
January 27, 2021 9:11AM
January 20, 2021 11:55AM
The Trudeau government will run a record budget deficit approaching $400 billion.
January 19, 2021 9:58AM
The Liberals ran three years of deficits totalling $51.9 billion, more than double the amount promised during the campaign.
January 13, 2021 9:25AM
Ottawa expects the federal deficit to reach $381.6 billion in 2020/21.
December 7, 2020 1:06PM
The federal net debt may rise from $812.9 billion in 2019-20 to more than $1.4 trillion by 2025-26.
December 3, 2020 3:49PM
Eliminating the entire equalization program this year would reduce the federal deficit by only 5.4 per cent.
December 3, 2020 3:45PM
This year's federal budget deficit will reach an estimated $381.6 billion.
December 2, 2020 10:43AM
Up to $22.3 billion of income stabilization spending was likely wasted or poorly targeted.
November 23, 2020 4:46PM
Federal net debt for 2020-21 will likely exceed $1.1 trillion.
October 26, 2020 3:49PM
Canada ranks 6th highest among 35 high-income for the share of the economy represented by government spending.