federal government debt

9:03AM
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You are paying for our governments’ debt addiction

Since 2007-08, combined federal and provincial government net debt has increased by roughly $1 trillion.


2:30AM
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Federal government’s promises of deficit reduction ring hollow

The 1995 federal budget began a process of major policy reforms that put the government on a path to fiscal balance.


4:30AM
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Cost of federal government debt rising for Canadians

Federal debt interest costs increased by 90 per cent in just two years.


3:51PM
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Federal government maintains high levels of spending and abandons fiscal anchor

Projected federal spending from 2024 to 2027 is now $30.7 billion higher than previous forecasts.


3:00AM
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Federal government poised to pile on more spending and debt

Since 2014/15, federal government debt interest costs have nearly doubled.


9:49AM
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Debt interest costs threaten sustainability of federal finances

According to forecasts, Ottawa's annual debt interest costs will eclipse $50 billion by 2028.


2:30AM
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Federal government relies on wishful thinking to rationalize deficits

According to forecasts, the federal deficit will eclipse $40 billion this year.


1:42PM
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Government debt interest costs rising across Canada

Federal debt interest costs will reach a forecasted $43.9 billion in 2023/24.


1:00PM
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We’re deeper in debt than Ottawa tells us

Canada's gross government debt is equal to 111 per cent of the country's GDP.