Only seven industrialized countries had higher levels of government indebtedness than Canada.
federal government debt
December 30, 2021
8:00AM
Alberta, Saskatchewan and Newfoundland require the most policy action to correct their unsustainable fiscal trajectories.
December 22, 2021
11:57AM
Prudent fiscal management means working quickly to return to pre-recession debt levels.
December 14, 2021
4:22PM
According to the update, the government will continue to spend well in excess of projected revenues.
November 25, 2021
3:34PM
Despite the dismal state of federal finances, the speech did not include the terms “deficit” or “debt."
October 18, 2021
2:12PM
During the Trudeau period, business investment actually declined by 0.2 per cent.
September 22, 2021
2:22PM
The new Liberal minority government should develop a credible plan to balance the budget and stop debt accumulation.
September 14, 2021
11:41AM
Over a two-year span, Ottawa is expected to add more than $500 billion in federal debt.
July 15, 2021
8:48AM
Due to federal tax changes, 61 per cent of low-income families face higher personal income taxes.