This fiscal year the government will run a projected $39.8 billion budget deficit.
federal deficits
July 31, 2024
12:06PM
From 2018 to 2022, each year (on average) the province added 86,339 residents while only adding 39,776 home completions.
April 29, 2024
1:04PM
The tax increase will reduce the return on investment and encourage an exodus of capital from the country.
February 15, 2024
2:30AM
The government is on track to run nine consecutive budgets deficits, with all but one exceeding $10 billion.
January 10, 2024
2:30AM
The 1995 federal budget began a process of major policy reforms that put the government on a path to fiscal balance.
December 6, 2023
8:30AM
A national pharmacare program would cost an estimated $15.3 billion in 2027.
November 28, 2023
9:56AM
The federal debt-to-GDP ratio will increase to 42.4 per cent in 2023-24 then climb higher in 2024-25.
November 23, 2023
9:56AM
In reality, Canada’s government debt is high relative to other comparable countries.