According to the update, the government will continue to spend well in excess of projected revenues.
federal finances
November 19, 2021
9:46AM
The federal debt has eclipsed$1 trillion, with budget deficits projected for years to come.
September 28, 2021
12:05PM
On health-care wait times, Canada consistently ranks lowest among comparable countries with universal health care.
August 25, 2021
10:02AM
The PBO report should be a wakeup call for policymakers.
April 29, 2021
9:31AM
The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.”
April 27, 2021
11:41AM
The prime minister disbanded the Expenditure Review Committee, which assessed the efficacy of government programs.
January 19, 2021
9:58AM
The Liberals ran three years of deficits totalling $51.9 billion, more than double the amount promised during the campaign.
December 7, 2020
1:06PM
The federal net debt may rise from $812.9 billion in 2019-20 to more than $1.4 trillion by 2025-26.