Canada Deficit

• NATO spending pledge could push federal deficit as high as $92B: think tank

  The C.D. Howe Institute predicts Ottawa's spending plans will push deficits over the next four years to more than double the parliamentary budget officer's pre-election forecast.

  Economy

  Jul 3, 2025
  
• Liberals’ fiscal update keeps $40B deficit, pledges new shortfall guidelines

  Finance Minister Chrystia Freeland presented her fiscal update in the House of Commons, stressing the pressure inflation and a slowing economy are putting on federal finances.

  Economy

  Nov 21, 2023
  
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• The West Block — Episode 28, Season 12

  Calls for a major overhaul of the RCMP after a critical report into the mass shooting in Nova Scotia: the interim commission faces questions on the path forward, and interference.

  Canada

  Apr 2, 2023
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• Ottawa cut deficit down to $69.8B during most of last fiscal year

  In its monthly fiscal monitor report, the Finance Department says the tally compared with a deficit of $282.6 billion for the same period of 2020-21.

  Economy

  Apr 29, 2022
• Budget 2022: Feds eye growth with $31B in net new spending

  The 2022 budget released includes more than $31 billion in new spending over the next five years. The new spending has increased the fiscal year's deficit to $52.8 billion.

  Politics

  Apr 7, 2022
• Liberals under pressure to balance budget and policy asks in fiscal update

  Inflation rates that have hit 18-year highs, along with strong growth in employment and the domestic economy, could cause the government to ease up on its platform spending plans.

  Politics

  Dec 12, 2021
• Balance the budget or spend, spend, spend? Canadians divided amid pandemic election

  Ipsos Public Affairs CEO Darrell Bricker said the data suggests many feel a less pressing economic threat from the pandemic and are thinking about what comes next.

  Canada

  Aug 28, 2021
• Spending down, revenue up: Feds post $12.7B deficit for June

  The drop in the deficit came as spending dropped compared with a year ago when Ottawa spent billions on emergency aid due to the pandemic and revenue improved.

  Economy

  Aug 27, 2021
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• Did Justin Trudeau’s COVID-19 spending boost live up to the Liberal government’s billing?

  Have Canadians gotten good value for their deficit dollar? Daniel Tencer looks at the data.

  Commentary

  Aug 20, 2021
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• National child care coming in 2021 budget, Liberals pledge

  The Liberal government is proposing a massive down payment on a planned national child-care system they say will be outlined in next spring's budget.

  Canada

  Nov 30, 2020