Since 2014/15, annual federal program spending has increased by $193.6 billion—or 75.5 per cent.
federal spending
Canada’s population is expanding by more than one million per year while housing starts are stuck below 250,000.
The government is on track to run nine consecutive budgets deficits, with all but one exceeding $10 billion.
The government now expects to spend $58 billion more than its 2023 budget projections.
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.
Since 2007-08, combined federal and provincial government net debt has increased by roughly $1 trillion.
Between 2024/25 and 2027/28, the federal government has increased projected spending by $30.7 billion more than previously forecasted.
Projected federal spending from 2024 to 2027 is now $30.7 billion higher than previous forecasts.