The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.
debt and deficit canada
January 19, 2017
3:00AM
As the prime minister tours the country, he can see how his policies are making things worse—not better.
March 9, 2016
3:00AM
Per capita federal net debt (in 2015 dollars) grew from $577 in 1870 to $19,302 in 2015.
January 25, 2016
11:11AM
With budget season on the horizon, the headlines may mask the magnitude of growth in government debt.
January 11, 2016
10:45AM
By 2015/16, combined federal and provincial government net debt in Canada is expected to reach $1.3 trillion.
January 4, 2016
3:00AM
Even the prospect of small deficits relative to GDP may generate substantial investor uncertainty in an environment where interest rates are on the way up.
December 15, 2015
9:42AM
The federal government’s projected fiscal balance has gone from a $4.3 billion surplus to a budget deficit that could be as large as $25 billion.
December 1, 2015
1:37PM
As Canadian governments struggle with budget deficits and mounting debt, it's important to recognize the potential long-term negative consequences of debt.
September 30, 2015
8:39AM
The current election campaign has seen a lot of attention focused on balancing the federal budget and the size of the federal deficit. Perhaps some historical perspective will better inform the debate.
November 13, 2014
10:00AM
After seven years of budget deficits and over $160 billion in new debt, the federal government confirmed in its financial update Wednesday that it expects to record a surplus next year.