Canada ranks 6th highest among 35 high-income for the share of the economy represented by government spending.
federal deficits
October 26, 2020
3:49PM
October 23, 2020
11:45AM
The federal debt will reach nearly 70 per cent of GDP by 2050.
September 23, 2020
3:02PM
Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.
September 23, 2020
2:02AM
As the baby boomers continue to retire, the proportion of working Canadians will also decline.
August 20, 2020
4:27PM
In the 1990s, federal debt-interest costs routinely eclipsed 30 per cent of revenues.
August 19, 2020
3:44PM
The federal budget deficit in 2020-21 will be the largest in Canadian history.
August 5, 2020
3:22PM
The federal budget deficit has skyrocketed to 15.9 per cent of Canada's economy.
July 27, 2020
9:49PM
The Trudeau government’s recent fiscal update forecasted a $343 billion deficit this year.
July 10, 2020
8:59AM
Policy uncertainty is at an all-time 35-year high in Canada.
July 9, 2020
12:16PM
The Trudeau government ran consistent deficits and accumulated significant debt over its first four years in office.