federal debt

2:30AM
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Federal debt interest will consume nearly one quarter of income tax revenue in 2024

From 2015/16 to 2022/23, the government added more than $820 billion in gross federal debt.


2:30AM
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Federal government expected to break ‘David Dodge Rule’ on debt interest

According to government projections, federal debt interest costs in 2023/24 will reach $46.5 billion.


1:00PM
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Ottawa delivering economic stagnation—not progress

The quarterly declines in real per-person GDP have occurred before, during and after the pandemic.


9:48AM
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Prime minister rejects ‘austerity’ despite massive debt and dismal economic growth
Nearly a decade of uninterrupted deficits has increased the federal debt by $941.9 billion.

10:06AM
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Federal government debt interest costs nearly double in just two years

From 2021/22 to 2023/24, federal debt interest costs increased from $24.5 billion to $46.5 billion.


10:35AM
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Federal government consistently spends beyond high spending targets

The government now expects to spend $58 billion more than its 2023 budget projections.


2:30AM
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Federal government cranked up spending up but Canadians are worse off

Over the past eight years, Canada's growth in real GDP per person is a paltry 1.6 per cent versus 14.7 per cent in the United States.


12:10PM
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24 facts for 2024—Canadians should understand impact of government policies

More than 60 per cent of lower-income families now pay higher federal income taxes.