When spending is financed by large deficits, it can fuel inflation or impede economic growth.
federal budget
March 28, 2023
3:33PM
The budget projects a deficit of $40.1 billion in 2023/24, which is nearly $10 billion higher than projections in November.
March 28, 2023
3:05PM
The budget speech never mentioned the word “entrepreneurship."
March 22, 2023
12:30PM
The Trudeau government has recorded the five highest levels of federal spending per person in Canadian history.
November 3, 2022
9:52AM
Between 2015 and 2019, Ottawa ran five consecutive deficits, causing federal debt to rise by $112 billion.
October 14, 2022
8:50AM
Parents who prefer informal daycare are excluded from the federal child care program.
August 25, 2022
8:23AM
According to the budget, federal spending will reach $434.3 billion this year, more than a two-thirds increase in less than a decade.
August 24, 2022
10:08AM
Under the old classification, program spending would have been more than $10 billion higher.
August 11, 2022
10:43AM
According to projections, the federal debt will reach nearly $2 trillion in 2026-27.
July 22, 2022
9:54AM
The federal debt has grown from $1.2 trillion in 2014 to $1.9 trillion in 2021—an increase of 51 per cent.