The Trudeau government has run five consecutive deficits since taking office in 2015 and is expected to have accumulated approximately $84.3 billion in federal debt—$713.2 billion total—by the end of 2019-20.
federal government debt
March 30, 2020
1:31PM
Default risk and exchange-rate risk increase for foreign lenders as they increase their holdings of any government’s debt.
February 21, 2020
3:08PM
Provincial interest payments are projected to equal $2,675 for every man, woman and child.
February 21, 2020
2:59PM
Newfoundland and Labrador has the highest per-person total government debt among the provinces at $48,478.
February 20, 2020
10:07AM
Ottawa is expected to spend $24.4 billion on federal government debt interest costs in 2019/20.
February 18, 2020
2:16PM
The Trudeau government projects a $26.6 billion deficit for 2019-20.
February 5, 2020
10:53AM
Ottawa’s total debt will hit a projected $1.2 trillion in 2019.
February 4, 2020
1:00AM
January 28, 2020
3:04PM
Alberta’s portion of the federal debt totals approximately $135 billion.
January 27, 2020
10:50AM
The federal deficit this year will increase from original budget estimates of $19.8 billion to $26.6 billion.