If this happens, interest payments on the federal debt would rise by nearly 60 per cent.
federal spending
May 12, 2021
10:12AM
In 2021/22, federal program spending is projected to increase by roughly $51.0 billion.
April 29, 2021
9:31AM
The prime minister’s mandate letter raised the idea of taxing "extreme wealth inequality.”
April 22, 2021
8:10AM
Federal program spending in 2021/22 is $54.4 billion higher than planned in November 2020.
April 19, 2021
7:25PM
The government says $101 billion in stimulus spending is required for “sustained economic recovery.”
April 19, 2021
4:25PM
The federal debt-to-GDP ratio will reach 51.2 per cent, the highest level since 1999.
April 19, 2021
3:00AM
Between 2016 and 2019, per-person GDP grew at an average annual rate of only 0.8 per cent.
April 14, 2021
8:23AM
A basic income program will disincentivize work and may not alleviate poverty.
April 9, 2021
9:10AM
According to current projections, the federal government will not balance the budget until 2050.
March 3, 2021
3:51PM
Bill C-273 calls on the federal finance minister to assess a potential guaranteed annual income in Canada.