Program spending is projected to increase from pre-pandemic levels by 15.2 per cent in 2021/22.
debt and deficit
March 25, 2021
1:44PM
The string of deficits will increase Nova Scotia’s government debt by nearly 40 per cent from 2019/20 to 2024/25.
October 23, 2020
11:45AM
The federal debt will reach nearly 70 per cent of GDP by 2050.
August 28, 2020
1:59PM
If Prime Minister Trudeau keeps his commitment to no new taxes, borrowing will finance the proposed expansion.
December 19, 2019
10:58AM
Total federal expenditures will grow to a projected $420.5 billion in 2024-25.
August 30, 2019
10:17AM
Federal government spending (per person) is at a record high.
August 20, 2019
1:00AM
August 8, 2019
3:50PM
No Opposition party has signalled it would balance the budget in the near- or medium-term.
December 21, 2018
10:51AM
Alberta has run nearly uninterrupted deficits since 2008/09.
December 12, 2018
2:59PM
The Notley government’s failure to restrain spending is quickly growing Alberta’s debt burden.