The federal government plans to run a $39.8 billion deficit in 2024/25.
government budgets
December 9, 2016
9:35AM
Government-sector workers in Canada retire 2.3 years earlier, on average, than private-sector workers.
February 17, 2016
11:30AM
In Ontario, the projected operating deficit for 2015/16 is $7.5 billion but the change in net financial position is $13.7 billion—a difference of 83 per cent.
April 25, 2015
10:00AM
Imagine you’re near what you thought was a dormant volcano but it suddenly erupts. Assuming you escape, you might later reflect that there was nothing “sudden” about it.
March 2, 2010
2:00AM
With no new initiatives expected, the 2010 federal budget that will be introduced Thursday by Finance Minister Jim Flaherty is quite likely the least anticipated in recent memory. This is due in large part to last year's irresponsible budget, which saddled Canadians with an expected $56-billion deficit this year and further deficits amounting to $109-billion over the next five years.