At 79 per cent, Canada had the fastest growth in its debt-to-GDP ratio in the G-7.
federal budget
April 9, 2021
9:10AM
According to current projections, the federal government will not balance the budget until 2050.
February 10, 2021
11:36AM
Ottawa annually pocketed $22 billion more in revenue from Alberta than it spent in the province.
January 19, 2021
9:58AM
The Liberals ran three years of deficits totalling $51.9 billion, more than double the amount promised during the campaign.
January 13, 2021
9:25AM
Ottawa expects the federal deficit to reach $381.6 billion in 2020/21.
December 3, 2020
3:49PM
Eliminating the entire equalization program this year would reduce the federal deficit by only 5.4 per cent.
December 2, 2020
10:43AM
Up to $22.3 billion of income stabilization spending was likely wasted or poorly targeted.
November 27, 2020
6:21PM
This government has not released a long-term forecast of spending, taxation and borrowing since 2018.
November 5, 2020
10:06AM
The Trudeau Liberals initially promised to run deficits for three years to finance spending increases.