According to forecasts, federal spending will be $89.2 billion higher than previously projected for 2022/23 and $80.7 billion higher in 2023/24.
federal government debt
August 11, 2022
10:43AM
According to projections, the federal debt will reach nearly $2 trillion in 2026-27.
August 3, 2022
8:55AM
If interest rates exceed economic growth rates, debt becomes unstable.
July 25, 2022
3:49PM
This year's federal per-person debt level is more than 25 per cent higher than in 2019.
July 4, 2022
7:00AM
If the federal government reduced spending, it could help lower inflation and limit the increase in interest rates.
June 21, 2022
1:45PM
From 2019 to 2021, Canada had the second-highest increase in gross debt as a share of the economy out of 33 countries.
June 21, 2022
1:00AM
June 15, 2022
1:32PM
So-called "stimulus spending" displaces future private spending and reduces future economic growth.