Federal debt interest costs will reach a forecasted $43.9 billion in 2023/24.
federal debt
April 28, 2023
1:00PM
Canada's gross government debt is equal to 111 per cent of the country's GDP.
March 30, 2023
10:26AM
By 2028, the federal government will add a projected $131.8 billion in debt.
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 24, 2023
3:00AM
The total value of government debt in 2022 in Canada exceeded the entire size of the economy by more than 10 per cent.
March 17, 2023
4:00AM
Between 2016 and 2019, the Trudeau government recorded average economic growth of 2.1 per cent compared to 4.6 per cent during the Chrétien years.
February 22, 2023
9:35AM
Federal and provincial government debt has nearly doubled from $1.1 trillion in 2007/08 to $2.1 trillion in 2022/23.
February 1, 2023
4:00AM
Since 2015, the federal government has run eight consecutive deficits.