In 2009, regular EI benefits surged by 43.4 per cent or nearly $5.0 billion.
federal deficits
September 30, 2019
3:37PM
In 2018, federal government spending (per-person inflation-adjusted) reached its highest point in Canadian history.
August 26, 2019
4:00PM
Federal program spending (per person) hit an estimated $8,869 in 2018, the highest level in Canadian history.
August 21, 2019
8:15AM
If the conditions of the 2008-09 recession were repeated, the annual deficit would skyrocket to $120.5 billion.
August 20, 2019
11:43AM
For April and May of this year, federal government program spending increased by $6.3 billion.
August 20, 2019
1:00AM
August 8, 2019
3:50PM
No Opposition party has signalled it would balance the budget in the near- or medium-term.
August 2, 2019
8:01AM
The federal deficit was approximately $19 billion in both 2016/17 and 2017/18.
June 20, 2019
2:42PM
The federal deficit could hit $34.4 billion should Canada go into recession.
March 20, 2019
9:20AM
Ontarians are on the hook for approximately 40 per cent of the federal government’s net debt.