As the federal government increases its spending estimates, it further delays plans to reduce the deficit.
federal finances
November 13, 2024
11:20AM
November 10, 2024
4:30AM
The federal government plans to abandon the Phoenix pay system after spending $3.5 billion trying to implement it.
October 10, 2024
11:30AM
Federal debt interest costs will reach a projected $54 billion this year.
October 1, 2024
2:06PM
The government is pouring billions into subsidizing child care, artificially inflating demand.
July 26, 2024
9:40AM
Since 2015, the federal government's gross debt has increased by a projected one trillion dollars.
July 18, 2024
3:39PM
Canada's inflation-adjusted per-person GDP declined from $59,905 to $58,028.
July 9, 2024
12:30PM
Because of its own failures to responsibly manage the nation’s finances, Canada is in a weak fiscal position to increase defence spending.
May 1, 2024
2:30AM
According to the budget, the government will spend $95 billion more in 2024-25 than it planned only three years ago.
April 29, 2024
2:30AM
The size of the federal government has expanded by more than one quarter in a decade.