Ontarians carry the second-largest combined government debt burden among Canadians.
federal government debt
January 20, 2021
11:55AM
The Trudeau government will run a record budget deficit approaching $400 billion.
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.
November 23, 2020
4:46PM
Federal net debt for 2020-21 will likely exceed $1.1 trillion.
November 5, 2020
9:52AM
Since the 1970s, Canada’s spending-to-GDP ratio has always been larger than the ideal range to maximize economic growth.
September 23, 2020
3:02PM
Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.
September 3, 2020
3:21PM
Debt interest will cost Ottawa an estimated $19.5 billion this year.
August 19, 2020
3:44PM
The federal budget deficit in 2020-21 will be the largest in Canadian history.
July 29, 2020
4:00PM
Ontario entered this recession with an already elevated government debt burden.
July 22, 2020
11:19AM
Indigenous and Northern Affairs represented the largest share of federal program spending growth.