According to the update, the government will continue to spend well in excess of projected revenues.
fiscal update
April 19, 2021
3:00AM
Between 2016 and 2019, per-person GDP grew at an average annual rate of only 0.8 per cent.
December 16, 2019
4:23PM
Program spending could grow by nearly $50 billion in just five years
November 21, 2018
3:30PM
Just six months into its 2018/19 plan, the government upped spending by $8 billion.
October 24, 2017
3:08PM
Economic growth expected to moderate dramatically starting next year.
November 4, 2016
12:32PM
Are we really going to spend $135 million on talk shows?
November 2, 2016
7:25AM
The government has removed its annual safety cushion of $6 billion per year.
November 1, 2016
3:00AM
Reports in advance of Ottawa’s federal fiscal update suggest the deficit may reach $34 billion.
November 14, 2013
2:00AM
After federal Finance Minister Jim Flaherty unveiled his latest financial plan Tuesday, much of the media hype centred on the government's larger than expected surplus in 2015-16. Early chatter seemed to accept the government will deliver as promised and some declared its "conservative assumptions" might allow for the deficit to be eliminated even earlier.