Federal and provincial government debt has nearly doubled from $1.1 trillion in 2007/08 to $2.1 trillion in 2022/23.
federal government debt
February 1, 2023
4:00AM
Since 2015, the federal government has run eight consecutive deficits.
November 18, 2022
9:36AM
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.
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.