The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22.
federal government budget
April 23, 2021
9:32AM
The plan calls for $27.2 billion over the next five years to reduce daycare costs.
April 21, 2021
1:29PM
From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation.
April 19, 2021
4:25PM
The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999.
April 14, 2021
12:08PM
At 79 per cent, Canada had the fastest growth in its debt-to-GDP ratio in the G-7.
April 8, 2021
7:59AM
Ottawa ran budget deficits worth a total of $94.1 billion from 2015/16 to 2019/20.
April 15, 2020
6:00AM
The federal debt going into this recession would have been $617.9 billion rather than the expected $713.2 billion.
April 15, 2020
5:30AM
The Trudeau government has run five consecutive deficits since taking office in 2015 and is expected to have accumulated approximately $84.3 billion in federal debt—$713.2 billion total—by the end of 2019-20.