The Ontario government projects a $19.9 billion deficit this year and continued deficits until 2027-28.
debt interest
May 18, 2022
3:54PM
The federal government projects a $52.8 billion budget deficit for 2022/23.
April 21, 2022
9:19AM
Federal debt interest will cost a projected $42.9 billion in 2026/27.
April 13, 2022
9:47AM
Ramping up interest rates at this juncture places more of the burden of fighting inflation on consumers.
August 9, 2021
10:42AM
The Trudeau government plans to implement new spending programs including national childcare and pharmacare.
May 27, 2021
10:06AM
At $2,055 per person, the province's government debt burden is the highest in Canada.
April 12, 2021
12:03PM
Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21.
April 8, 2021
12:34PM
By 2023/24, debt interest will consume 6.6 per cent of all provincial revenues.
March 24, 2021
10:27AM
According to budget forecasts, debt interest payments will reach $3.3 billion by 2023/24.