Since 2015/16, federal gross debt has approximately doubled from $1.1 trillion to an expected $2.1 trillion this year.
budget balance
March 26, 2024
2:30AM
Since 2014/15, annual federal program spending has increased by $193.6 billion—or 75.5 per cent.
July 4, 2022
7:00AM
If the federal government reduced spending, it could help lower inflation and limit the increase in interest rates.
January 19, 2021
9:58AM
The Liberals ran three years of deficits totalling $51.9 billion, more than double the amount promised during the campaign.
November 23, 2018
11:26AM
Program spending this fiscal year will reach $320.2 billion.