The deficit is now pegged at $26.6 billion for 2019/20—$6.8 billion more than originally planned in last spring's budget.
federal government debt
December 19, 2019
10:58AM
Total federal expenditures will grow to a projected $420.5 billion in 2024-25.
December 16, 2019
4:23PM
Program spending could grow by nearly $50 billion in just five years
December 6, 2019
11:18AM
The unemployment rate rose to 5.9 per cent, in the biggest one-month jump since the 2009 recession.
August 30, 2019
10:17AM
Federal government spending (per person) is at a record high.
August 20, 2019
11:43AM
For April and May of this year, federal government program spending increased by $6.3 billion.
August 20, 2019
1:00AM
August 2, 2019
8:01AM
The federal deficit was approximately $19 billion in both 2016/17 and 2017/18.
June 20, 2019
2:42PM
The federal deficit could hit $34.4 billion should Canada go into recession.
May 29, 2019
10:30AM
The 2018-19 federal deficit will be $800 million higher than projected in the government’s budget.