federal debt

10:44AM
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Wartime presidents added most to U.S. federal debt-to-GDP ratio

George W. Bush increased the ratio by 27.5 percentage points.


3:30PM
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Just six months into its 2018/19 plan, the government upped spending by $8 billion.


9:39AM
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Contrary to what the finance minister says, federal finances are vulnerable

According to recent estimates, the government won’t achieve a balanced budget until 2045.


9:37AM
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Deficit spending not a free lunch—it’s a bill to future taxpayers

Currently, the annual interest paid on Canada’s federal debt is $26.3 billion.


4:14PM
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The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.


8:50AM
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Only 10.6 per cent of the nearly $100 billion in new infrastructure spending is for trade and transportation.


9:33AM
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Statistics Canada’s August economic growth numbers show that the economy contracted.