federal deficits

12:12PM
Printer-friendly version
Modern Monetary Theory remains a dangerous policy prescription in Canada and beyond

Many economists warn about ballooning budget deficits and the potential for higher interest rates in the future.


12:03PM
Printer-friendly version
Interest on federal debt—a growing problem

Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21.


2:23PM
Printer-friendly version
Trudeau government poised to embrace much more federal debt

This year's federal budget deficit will reach a projected $381 billion.


11:36AM
Printer-friendly version
Alberta’s woes threaten Canada’s finances from coast to coast

Ottawa annually pocketed $22 billion more in revenue from Alberta than it spent in the province.


9:11AM
Printer-friendly version
Trudeau government can’t bank on low interest rates forever

A one percentage point increase in the effective interest rate would increase Ottawa's annual debt interest costs by $13.8 billion.


11:55AM
Printer-friendly version
Governments betting on low interest rates may experience rude awakening

The Trudeau government will run a record budget deficit approaching $400 billion.


9:58AM
Printer-friendly version
To fulfill Trudeau’s latest fiscal promise, spring budget must chart path to budget balance

The Liberals ran three years of deficits totalling $51.9 billion, more than double the amount promised during the campaign.


9:25AM
Printer-friendly version
Trudeau government must chart credible plan to balance federal budget

Ottawa expects the federal deficit to reach $381.6 billion in 2020/21.


1:06PM
Printer-friendly version
Federal finances ‘careening downhill’ fast
The federal net debt may rise from $812.9 billion in 2019-20 to more than $1.4 trillion by 2025-26.

3:49PM
Printer-friendly version
Making sense of Canada’s $381.6 billion federal budget deficit

Eliminating the entire equalization program this year would reduce the federal deficit by only 5.4 per cent.