Federal gross debt will reach a projected $2.1 trillion this year, nearly double the $1.1 trillion held in 2015/16.
government debt
March 16, 2024
4:00AM
In 2023/24, the province will spend roughly $1.1 billion on debt interest.
April 28, 2023
1:00PM
Canada's gross government debt is equal to 111 per cent of the country's GDP.
August 3, 2022
8:55AM
If interest rates exceed economic growth rates, debt becomes unstable.
May 25, 2022
8:22AM
The Ontario government projects a $19.9 billion deficit this year and continued deficits until 2027-28.
May 6, 2022
3:00AM
The expansion of the Canada Child Benefit was financed largely by borrowing.
January 20, 2021
11:55AM
The Trudeau government will run a record budget deficit approaching $400 billion.
February 4, 2020
1:00AM