The country's gross debt-to-GDP ratio increased by nearly 25 percentage points from 2019 to 2021.
fiscal performance
April 21, 2023
3:00AM
Federal program spending is expected to grow by $132.7 billion—or 41 per cent—between 2014/15 and 2023/24.
March 26, 2023
4:00AM
The federal debt-to-GDP ratio is on track to increase between 2022-23 and 2023-24.
March 20, 2023
4:12PM
The effects of a recession could set off a debt “doom loop” with the debt ratio spiralling upward.
April 27, 2021
11:41AM
The prime minister disbanded the Expenditure Review Committee, which assessed the efficacy of government programs.
February 26, 2021
10:09AM
The 2016-2019 period had the weakest economic performance of the five periods analyzed.
February 16, 2021
12:15PM
The 2016-2019 period contained the weakest performance for income growth, labour markets and business investment.