The federal government has seemingly ditched the debt-averse approach that largely prevailed in Ottawa since the mid-1980s.
interest payments
March 21, 2016
11:58AM
Since 2007/08, Canada’s federal debt has grown by $176 billion to $692 billion in 2015/16.
February 3, 2016
2:50PM
Ontario will run its eighth consecutive budget deficit in 2015/16, with a projected $7.5 billion shortfall.
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.
April 29, 2015
7:00AM
As expected, the 2015 federal budget had the general feel of an election budget, with a small surplus and a smattering of initiatives to satisfy various voting groups.
April 25, 2015
10:00AM
Imagine you’re near what you thought was a dormant volcano but it suddenly erupts. Assuming you escape, you might later reflect that there was nothing “sudden” about it.