Alberta’s portion of the federal debt totals approximately $135 billion.
federal deficits
Total federal expenditures will grow to a projected $420.5 billion in 2024-25.
Since Justin Trudeau entered office, per-person spending has increased by 17.5 per cent in just four years.
By 2024/25, federal debt is expected to hit $787.4 billion.
In 2009, regular EI benefits surged by 43.4 per cent or nearly $5.0 billion.
In 2018, federal government spending (per-person inflation-adjusted) reached its highest point in Canadian history.
Federal program spending (per person) hit an estimated $8,869 in 2018, the highest level in Canadian history.
If the conditions of the 2008-09 recession were repeated, the annual deficit would skyrocket to $120.5 billion.
For April and May of this year, federal government program spending increased by $6.3 billion.