The federal government has seemingly ditched the debt-averse approach that largely prevailed in Ottawa since the mid-1980s.
federal government debt
February 24, 2021
9:39AM
Ontario will spend an estimated $13 billion on government debt interest costs in 2020/21.
February 16, 2021
2:23PM
This year's federal budget deficit will reach a projected $381 billion.
February 10, 2021
11:36AM
Ottawa annually pocketed $22 billion more in revenue from Alberta than it spent in the province.
February 4, 2021
9:33AM
Ontarians carry the second-largest combined government debt burden among Canadians.
January 20, 2021
11:55AM
The Trudeau government will run a record budget deficit approaching $400 billion.
December 7, 2020
1:06PM
The federal net debt may rise from $812.9 billion in 2019-20 to more than $1.4 trillion by 2025-26.
November 23, 2020
4:46PM
Federal net debt for 2020-21 will likely exceed $1.1 trillion.
November 5, 2020
9:52AM
Since the 1970s, Canada’s spending-to-GDP ratio has always been larger than the ideal range to maximize economic growth.
September 23, 2020
3:02PM
Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.