Eliminating the entire equalization program this year would reduce the federal deficit by only 5.4 per cent.
federal deficits
Décembre 3, 2020
3:45PM
This year's federal budget deficit will reach an estimated $381.6 billion.
Décembre 2, 2020
10:43AM
Up to $22.3 billion of income stabilization spending was likely wasted or poorly targeted.
Novembre 23, 2020
4:46PM
Federal net debt for 2020-21 will likely exceed $1.1 trillion.
Octobre 26, 2020
3:49PM
Canada ranks 6th highest among 35 high-income for the share of the economy represented by government spending.
Octobre 23, 2020
11:45AM
The federal debt will reach nearly 70 per cent of GDP by 2050.
Septembre 23, 2020
3:02PM
Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.
Septembre 23, 2020
2:02AM
As the baby boomers continue to retire, the proportion of working Canadians will also decline.
Août 20, 2020
4:27PM
In the 1990s, federal debt-interest costs routinely eclipsed 30 per cent of revenues.
Août 19, 2020
3:44PM
The federal budget deficit in 2020-21 will be the largest in Canadian history.