Since 2015/16, federal gross debt has approximately doubled from $1.1 trillion to an expected $2.1 trillion this year.
federal government budget
September 17, 2024
9:07AM
The province now has the fourth-highest top combined income tax rate in Canada and the United States.
May 1, 2024
2:30AM
According to the budget, the government will spend $95 billion more in 2024-25 than it planned only three years ago.
April 28, 2024
4:30AM
Compared to last year’s fiscal plan, the government will now overspend by $120.8 billion over five years.
April 27, 2024
4:30AM
Only two provinces plan to run budget surpluses this year.
April 25, 2024
2:30AM
Only 16 per cent of Canadians said they receive good or great value for their tax dollars.
April 16, 2024
4:07PM
According to the budget, deficits over five years will add more than $153 billion in additional federal debt.
April 16, 2024
3:01PM
In 2024/25, federal program spending will reach a projected $483.6 billion—up $16.1 billion from the previous budget’s estimates.
April 13, 2024
4:30AM
According to projections, this federal government will possess the eight highest levels of per-person spending in Canadian history.