Total provincial government deficits will reach an estimated $63.0 billion this year.
federal finances
April 28, 2020
1:00AM
April 9, 2020
1:06PM
Federal deficit estimates range from $100 billion to $200 billion for fiscal year 2020-21.
February 27, 2020
1:00AM
February 6, 2020
11:06AM
According to current projections, the federal deficit will reach $26.6 billion this year.
January 10, 2020
9:55AM
The deficit is now pegged at $26.6 billion for 2019/20—$6.8 billion more than originally planned in last spring's budget.
January 7, 2020
12:20PM
The federal debt-to-GDP ratio increased from 30.8 per cent to 31.0 per cent.
December 6, 2019
11:18AM
The unemployment rate rose to 5.9 per cent, in the biggest one-month jump since the 2009 recession.
November 18, 2019
2:13PM
The Bank of Canada recently reiterated its long-term expectation that economic growth will decline to 1.3 per cent.
August 30, 2019
10:17AM
Federal government spending (per person) is at a record high.