The Ontario government projects a $19.9 billion deficit this year and continued deficits until 2027-28.
federal debt
May 18, 2022
3:54PM
The federal government projects a $52.8 billion budget deficit for 2022/23.
May 6, 2022
3:00AM
The expansion of the Canada Child Benefit was financed largely by borrowing.
April 21, 2022
9:19AM
Federal debt interest will cost a projected $42.9 billion in 2026/27.
March 28, 2022
10:23AM
The federal debt is expected to eclipse $2 trillion by 2025-26.
March 15, 2022
5:00AM
Rules that impose mandatory fiscal discipline help produce better and more responsible fiscal outcomes.
January 14, 2022
8:59AM
Only seven industrialized countries had higher levels of government indebtedness than Canada.
December 31, 2021
9:41AM
According to forecasts, Canada will be the worst-performing advanced economy from 2020 to 2030.
December 22, 2021
11:57AM
Prudent fiscal management means working quickly to return to pre-recession debt levels.