provincial government spending

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Spending sprees by governments across Canada help fuel inflation and high interest rates

Between 2024/25 and 2027/28, the federal government has increased projected spending by $30.7 billion more than previously forecasted.


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Provinces would be running surpluses if they showed spending restraint

According to projections, Ontario will spend more on debt interest than on post-secondary education this fiscal year.


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Despite surge of revenue, few Canadian governments expect surpluses in 2023

According to projections, federal net debt will jump by more than $142 billion over the next five years.


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No end in sight for government spending spree across Canada

Residents in all provinces already pay more than $550 per person annually on government debt interest.