In the 1990s, federal debt-interest costs routinely eclipsed 30 per cent of revenues.
The federal budget deficit in 2020-21 will be the largest in Canadian history.
The federal budget deficit has skyrocketed to 15.9 per cent of Canada's economy.
Trudeau government—and provincial governments across Canada—can learn from past fiscal consolidations
The Trudeau government’s recent fiscal update forecasted a $343 billion deficit this year.
Policy uncertainty is at an all-time 35-year high in Canada.
The Trudeau government ran consistent deficits and accumulated significant debt over its first four years in office.
The national debt is approaching $1 trillion.
Between the early 1970s and the mid-1990s, the federal government ran a deficit every year.
The federal deficit this year will reach an estimated $184.2 billion.