federal finances

11:06AM
Printer-friendly version
Morneau doubles down on deficit-spending plans

According to current projections, the federal deficit will reach $26.6 billion this year.


9:55AM
Printer-friendly version
More bad news for federal finances—even worse if recession hits

The deficit is now pegged at $26.6 billion for 2019/20—$6.8 billion more than originally planned in last spring's budget.


12:20PM
Printer-friendly version
Federal government making up fiscal rules on the fly

The federal debt-to-GDP ratio increased from 30.8 per cent to 31.0 per cent.


11:18AM
Printer-friendly version
Throne speech ignores realities of federal finances
The unemployment rate rose to 5.9 per cent, in the biggest one-month jump since the 2009 recession.

2:13PM
Printer-friendly version
Canada’s gloomy economic outlook may put federal finances at risk

The Bank of Canada recently reiterated its long-term expectation that economic growth will decline to 1.3 per cent.