The Trudeau Liberals initially promised to run deficits for three years to finance spending increases.
federal programs
September 22, 2020
9:18AM
Borrowing costs could increase without interest rates changing if lenders believe Canada is becoming a bigger credit risk.
September 17, 2020
4:43PM
The federal budget deficit in 2020-21 is an esitmated $343.2 billion.
July 23, 2020
11:57AM
The government increased income taxes for more than 80 per cent of middle-income families.
July 22, 2020
11:19AM
Indigenous and Northern Affairs represented the largest share of federal program spending growth.
July 9, 2020
12:16PM
The Trudeau government ran consistent deficits and accumulated significant debt over its first four years in office.
February 1, 2018
9:08AM
Upon assuming power, the Trudeau government immediately increased budgeted federal program spending by $8.1 billion over 2015-16 to 2019-20.