federal government debt

8:10AM
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Trudeau government spending large on Canada’s credit card

Federal program spending in 2021/22 is $54.4 billion higher than planned in November 2020.


7:25PM
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Federal ‘stimulus’ spending will likely arrive late with minimal benefits

The government says $101 billion in stimulus spending is required for “sustained economic recovery.”


12:03PM
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Interest on federal debt—a growing problem

Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21.


10:29AM
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The evolution of federal debt interest costs in Canada

The federal government has seemingly ditched the debt-averse approach that largely prevailed in Ottawa since the mid-1980s.


9:39AM
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Canadians pay the price for mounting government debt

Ontario will spend an estimated $13 billion on government debt interest costs in 2020/21.


2:23PM
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Trudeau government poised to embrace much more federal debt

This year's federal budget deficit will reach a projected $381 billion.


11:36AM
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Alberta’s woes threaten Canada’s finances from coast to coast

Ottawa annually pocketed $22 billion more in revenue from Alberta than it spent in the province.


9:33AM
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Federal and provincial government debt mounting quickly in Canada

Ontarians carry the second-largest combined government debt burden among Canadians.


11:55AM
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Governments betting on low interest rates may experience rude awakening

The Trudeau government will run a record budget deficit approaching $400 billion.


1:06PM
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Federal finances ‘careening downhill’ fast
The federal net debt may rise from $812.9 billion in 2019-20 to more than $1.4 trillion by 2025-26.