When spending is financed by large deficits, it can fuel inflation or impede economic growth.
federal government spending
March 26, 2023
4:00AM
The federal debt-to-GDP ratio is on track to increase between 2022-23 and 2023-24.
March 24, 2023
3:00AM
The total value of government debt in 2022 in Canada exceeded the entire size of the economy by more than 10 per cent.
March 22, 2023
12:30PM
The Trudeau government has recorded the five highest levels of federal spending per person in Canadian history.
March 22, 2023
3:00AM
The government says it’s spent more than $120 billion on climate change since 2015.
March 20, 2023
4:12PM
The effects of a recession could set off a debt “doom loop” with the debt ratio spiralling upward.
March 9, 2023
2:00PM
Only 39 per cent of Australians support a broad-based increase in personal income taxes.
February 22, 2023
9:35AM
Federal and provincial government debt has nearly doubled from $1.1 trillion in 2007/08 to $2.1 trillion in 2022/23.