Nearly a decade of uninterrupted deficits has increased the federal debt by $941.9 billion.
federal government spending
January 29, 2024
9:48AM
January 23, 2024
10:35AM
The government now expects to spend $58 billion more than its 2023 budget projections.
January 17, 2024
2:30AM
Over the past eight years, Canada's growth in real GDP per person is a paltry 1.6 per cent versus 14.7 per cent in the United States.
January 13, 2024
12:00AM
Federal gross debt will reach a projected $2.4 trillion by 2027-28.
January 10, 2024
2:30AM
The 1995 federal budget began a process of major policy reforms that put the government on a path to fiscal balance.
January 6, 2024
4:30AM
Federal debt interest costs increased by 90 per cent in just two years.
December 6, 2023
8:30AM
A national pharmacare program would cost an estimated $15.3 billion in 2027.
December 6, 2023
3:30AM
Between 2024/25 and 2027/28, the federal government has increased projected spending by $30.7 billion more than previously forecasted.
November 28, 2023
9:56AM
The federal debt-to-GDP ratio will increase to 42.4 per cent in 2023-24 then climb higher in 2024-25.