The projected federal deficit for 2022/23 could have been reduced by more than 42 per cent had the government stuck to last spring's spending plan.
federal government debt
April 4, 2022
3:30AM
A lack of fiscal prudence left Canada vulnerable when the pandemic hit.
March 15, 2022
5:00AM
Rules that impose mandatory fiscal discipline help produce better and more responsible fiscal outcomes.
March 11, 2022
8:18AM
Ottawa will likely have more revenue—perhaps considerably more—than forecast when the government tables the budget.
March 2, 2022
9:26AM
Federal net debt will reach a projected $1.3 trillion in 2021/22.
January 14, 2022
8:59AM
Only seven industrialized countries had higher levels of government indebtedness than Canada.
December 30, 2021
8:00AM
Alberta, Saskatchewan and Newfoundland require the most policy action to correct their unsustainable fiscal trajectories.
December 22, 2021
11:57AM
Prudent fiscal management means working quickly to return to pre-recession debt levels.
December 14, 2021
4:22PM
According to the update, the government will continue to spend well in excess of projected revenues.
November 25, 2021
3:34PM
Despite the dismal state of federal finances, the speech did not include the terms “deficit” or “debt."