The federal government continues to run and plan for substantial budget deficits.
federal government spending
November 7, 2022
9:24AM
Compared to fiscal year 2019-20, total federal spending in 2022-23 will be approximately 27 per cent higher.
August 25, 2022
8:23AM
According to the budget, federal spending will reach $434.3 billion this year, more than a two-thirds increase in less than a decade.
August 24, 2022
10:08AM
Under the old classification, program spending would have been more than $10 billion higher.
August 11, 2022
10:43AM
According to projections, the federal debt will reach nearly $2 trillion in 2026-27.
July 27, 2022
9:37AM
This year the federal government expects to spend $52.8 billion more than it has in revenues.
June 8, 2022
8:10PM
June 3, 2022
11:02AM
In 2020, the federal expenditure share jumped to 40 per cent.
May 12, 2022
10:52AM
Residents in all provinces already pay more than $550 per person annually on government debt interest.