From 2021/22 to 2023/24, federal debt interest costs increased from $24.5 billion to $46.5 billion.
federal government debt
January 23, 2024
10:35AM
The government now expects to spend $58 billion more than its 2023 budget projections.
January 13, 2024
12:00AM
Federal gross debt will reach a projected $2.4 trillion by 2027-28.
January 12, 2024
9:03AM
Since 2007-08, combined federal and provincial government net debt has increased by roughly $1 trillion.
January 10, 2024
2:30AM
The 1995 federal budget began a process of major policy reforms that put the government on a path to fiscal balance.
January 6, 2024
4:30AM
Federal debt interest costs increased by 90 per cent in just two years.
November 21, 2023
3:51PM
Projected federal spending from 2024 to 2027 is now $30.7 billion higher than previous forecasts.
November 17, 2023
3:00AM
Since 2014/15, federal government debt interest costs have nearly doubled.
June 13, 2023
9:49AM
According to forecasts, Ottawa's annual debt interest costs will eclipse $50 billion by 2028.
June 8, 2023
2:30AM
According to forecasts, the federal deficit will eclipse $40 billion this year.