federal government debt

4:46PM
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Canada’s fiscal situation near crisis levels

Federal net debt for 2020-21 will likely exceed $1.1 trillion.


9:52AM
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COVID-related spending increases threaten future economic growth

Since the 1970s, Canada’s spending-to-GDP ratio has always been larger than the ideal range to maximize economic growth.


3:02PM
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Throne speech brings bigger government, more fiscal challenges

Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.


3:21PM
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Trudeau floats false rhetoric on ‘new’ taxes

Debt interest will cost Ottawa an estimated $19.5 billion this year.


3:44PM
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Freeland takes over during massive federal spending spree

The federal budget deficit in 2020-21 will be the largest in Canadian history.


11:19AM
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Any credible plan to fix federal finances must address pre-COVID spending

Indigenous and Northern Affairs represented the largest share of federal program spending growth.


1:37PM
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Fiscal snapshot highlights deteriorating state of federal finances

This year's federal budget deficit will be an estimated $343.2 billion.