Federal debt as a share of the economy will reach roughly 56 per cent, the highest percentage since 1998.
federal budget
April 15, 2021
12:33PM
Nearly 60 per cent of the Liberal infrastructure spending was on “green” and “social” projects.
April 14, 2021
12:08PM
At 79 per cent, Canada had the fastest growth in its debt-to-GDP ratio in the G-7.
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.