The Trudeau government has run five consecutive deficits since taking office in 2015 and is expected to have accumulated approximately $84.3 billion in federal debt—$713.2 billion total—by the end of 2019-20.
federal deficits
February 18, 2020
2:16PM
The Trudeau government projects a $26.6 billion deficit for 2019-20.
February 6, 2020
11:06AM
According to current projections, the federal deficit will reach $26.6 billion this year.
January 28, 2020
3:04PM
Alberta’s portion of the federal debt totals approximately $135 billion.
December 19, 2019
10:58AM
Total federal expenditures will grow to a projected $420.5 billion in 2024-25.
November 29, 2019
8:45AM
Since Justin Trudeau entered office, per-person spending has increased by 17.5 per cent in just four years.
November 20, 2019
9:45AM
By 2024/25, federal debt is expected to hit $787.4 billion.
October 7, 2019
11:14AM
In 2009, regular EI benefits surged by 43.4 per cent or nearly $5.0 billion.
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.