federal deficits

10:43AM
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Trudeau government’s approach to federal finances anything but ‘prudent’

Up to $22.3 billion of income stabilization spending was likely wasted or poorly targeted.


4:46PM
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Canada’s fiscal situation near crisis levels

Federal net debt for 2020-21 will likely exceed $1.1 trillion.


3:49PM
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Canada’s spending and deficits higher than comparable countries during pandemic

Canada ranks 6th highest among 35 high-income for the share of the economy represented by government spending.


3:02PM
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Throne speech brings bigger government, more fiscal challenges

Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.


2:02AM
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Trudeau government ignores implications of Canada’s aging population at our peril

As the baby boomers continue to retire, the proportion of working Canadians will also decline.


4:27PM
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Federal finances remain vulnerable to fluctuating interest rates

In the 1990s, federal debt-interest costs routinely eclipsed 30 per cent of revenues.


3:44PM
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Freeland takes over during massive federal spending spree

The federal budget deficit in 2020-21 will be the largest in Canadian history.


3:22PM
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To avoid fiscal crisis, Trudeau government must learn from history

The federal budget deficit has skyrocketed to 15.9 per cent of Canada's economy.