As the saying goes, a moving target is hard to hit. That is why repeated shifts in the federal government’s deficit and debt goals over the past six months have been so concerning.
federal government debt
March 21, 2016
11:58AM
Since 2007/08, Canada’s federal debt has grown by $176 billion to $692 billion in 2015/16.
March 18, 2016
4:04PM
Prime Minister Trudeau’s upcoming first budget reportedly contains a deficit in excess of $30 billion.
February 25, 2016
10:27AM
Once new major spending is factored in, the annual deficit is likely to be more than $25 billion.
February 24, 2016
1:30AM
January 25, 2016
11:11AM
With budget season on the horizon, the headlines may mask the magnitude of growth in government debt.
January 13, 2016
10:40AM
Since 2007/08, combined federal and provincial government net debt has grown from $834 billion to $1.3 trillion.
January 13, 2016
9:49AM
All Canadian governments cumulatively spent $60.8 billion on interest payments in 2014/15, almost as much as all spending on K-12 public education.
October 7, 2015
12:41PM
With a relatively weak Canadian economy, depressed commodity prices and the myriad of international economic issues (i.e. uncertainty in China), federal parties should offer solutions to the economic storm clouds on the horizon.