Since 2015, the federal government's gross debt has increased by a projected one trillion dollars.
federal finances
July 18, 2024
3:39PM
Canada's inflation-adjusted per-person GDP declined from $59,905 to $58,028.
July 9, 2024
12:30PM
Because of its own failures to responsibly manage the nation’s finances, Canada is in a weak fiscal position to increase defence spending.
May 1, 2024
2:30AM
According to the budget, the government will spend $95 billion more in 2024-25 than it planned only three years ago.
April 29, 2024
2:30AM
The size of the federal government has expanded by more than one quarter in a decade.
April 28, 2024
4:30AM
Compared to last year’s fiscal plan, the government will now overspend by $120.8 billion over five years.
April 16, 2024
4:07PM
According to the budget, deficits over five years will add more than $153 billion in additional federal debt.
April 16, 2024
3:01PM
In 2024/25, federal program spending will reach a projected $483.6 billion—up $16.1 billion from the previous budget’s estimates.
March 29, 2024
3:30AM
In 2023/24, interest costs on federal government debt will reach a projected $46.5 billion.