No Opposition party has signalled it would balance the budget in the near- or medium-term.
federal deficits
August 2, 2019
8:01AM
The federal deficit was approximately $19 billion in both 2016/17 and 2017/18.
June 20, 2019
2:42PM
The federal deficit could hit $34.4 billion should Canada go into recession.
March 20, 2019
9:20AM
Ontarians are on the hook for approximately 40 per cent of the federal government’s net debt.
November 1, 2018
9:39AM
According to recent estimates, the government won’t achieve a balanced budget until 2045.
June 12, 2018
9:37AM
Currently, the annual interest paid on Canada’s federal debt is $26.3 billion.
May 7, 2018
4:14PM
The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.
April 27, 2018
8:50AM
Only 10.6 per cent of the nearly $100 billion in new infrastructure spending is for trade and transportation.
February 26, 2018
2:17PM
The reasonable approach to balancing the budget is to find savings and reduce spending—not raise taxes.
February 23, 2018
1:00AM
