Ontarians are on the hook for approximately 40 per cent of the federal government’s net debt.
federal deficits
November 1, 2018
9:39AM
According to recent estimates, the government won’t achieve a balanced budget until 2045.
June 12, 2018
9:37AM
Currently, the annual interest paid on Canada’s federal debt is $26.3 billion.
May 7, 2018
4:14PM
The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.
April 27, 2018
8:50AM
Only 10.6 per cent of the nearly $100 billion in new infrastructure spending is for trade and transportation.
February 26, 2018
2:17PM
The reasonable approach to balancing the budget is to find savings and reduce spending—not raise taxes.
February 23, 2018
1:00AM
February 1, 2018
9:08AM
Upon assuming power, the Trudeau government immediately increased budgeted federal program spending by $8.1 billion over 2015-16 to 2019-20.
November 1, 2017
9:44AM
About 40 per cent of federal revenue comes from Ontario.