Rather than adopt the discipline necessary to get back on track, Ottawa simply moves the goalposts.
debt and deficit
March 29, 2024
5:00AM
According to projections, government debt interest will cost nearly $1,000 per British Columbian by 2026/27.
March 18, 2024
10:25AM
The province's combined personal income tax rate at $50,000 of income is the fourth-highest in North America.
March 18, 2024
4:00AM
These deficits have fuelled an $867.2 billion increase in gross federal debt from 2014/15 to 2022/23.
March 18, 2024
2:00AM
This year, the province will spend a projected $548 million on provincial debt interest.
November 27, 2023
4:22PM
The provincial government revised its $1.0 billion projected budget surplus to a $250.5 million projected deficit.
May 26, 2023
3:10PM
The province's net debt will reach a projected $3.2 billion by 2025/26.
March 23, 2022
9:07AM
At last update, the province’s budget deficit was $440 million for 2021-22.
August 25, 2021
10:36AM
Canada has the fifth-highest level of total government debt among 29 industrialized countries.
August 9, 2021
10:42AM
The Trudeau government plans to implement new spending programs including national childcare and pharmacare.