federal finances

3:30AM
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Federal government should listen to Canadians and restrain spending in upcoming budget

In 2023/24, interest costs on federal government debt will reach a projected $46.5 billion.


4:30AM
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Federal government will likely violate another self-imposed fiscal rule

The inability to control spending remains the primary reason for Ottawa's string of deficits.


4:30AM
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Cost of federal government debt rising for Canadians

Federal debt interest costs increased by 90 per cent in just two years.


9:56AM
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Federal government keeps violating self-imposed fiscal rules

The federal debt-to-GDP ratio will increase to 42.4 per cent in 2023-24 then climb higher in 2024-25.


3:51PM
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Federal government maintains high levels of spending and abandons fiscal anchor

Projected federal spending from 2024 to 2027 is now $30.7 billion higher than previous forecasts.


12:00PM
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Federal government’s record-breaking spending saddles Canadians with huge debt

By the end of this fiscal year, the federal government will have racked up $591.9 billion in debt since 2015.