The federal budget deficit has skyrocketed to 15.9 per cent of Canada's economy.
federal debt
July 29, 2020
4:00PM
Ontario entered this recession with an already elevated government debt burden.
July 9, 2020
12:16PM
The Trudeau government ran consistent deficits and accumulated significant debt over its first four years in office.
July 8, 2020
1:37PM
This year's federal budget deficit will be an estimated $343.2 billion.
July 8, 2020
11:53AM
The national debt is approaching $1 trillion.
May 20, 2020
2:59PM
According to forecasts, Canadian economic growth for 2020 will shrink by more than 12 per cent.
April 20, 2020
2:20PM
Ottawa raised personal income tax rates on Canadian workers.
February 21, 2020
2:59PM
Newfoundland and Labrador has the highest per-person total government debt among the provinces at $48,478.
February 20, 2020
10:07AM
Ottawa is expected to spend $24.4 billion on federal government debt interest costs in 2019/20.
