Canada Federal Debt

Canada Headed For Decades Of Deficits: Finance Report

CP | The Canadian Press | Posted 01.05.2017 | Canada Politics

Report published two days before Christmas.

Flaherty: Budget Has Money For 'Major' Infrastructure Projects

CP | Steve Rennie, The Canadian Press | Posted 04.11.2014 | Canada Business

OTTAWA - Finance Minister Jim Flaherty says his upcoming federal budget will contain money for "major" infrastructure projects.Flaherty told CTV's Que...

The Myth of Harper's Economic Competence

Sean Casey | Posted 11.23.2013 | Canada Politics
Sean Casey

Under Stephen Harper, household debt has exploded. The average household debt-to-income ratio (the amount of debt the average Canadian household owes for every dollar of their annual disposable income) has risen from $1.31 to $1.64 -- which is where the United States was before the housing market crashed.

The Tories Have Some Nerve Lecturing The World On Debt

Daniel Tencer | Posted 11.05.2013 | Canada Business
Daniel Tencer

Prime Minister Stephen Harper and Finance Minister Jim Flaherty went to Russia for the G20 conference this week, and decided that this would be a good time to pressure the world into cutting government spending and implementing austerity measures. Unfortunately, to the leaders at the G20 -- stuck as they are between deficits and sinking economies, between the option of printing money and doing nothing -- Harper and Flaherty are just as likely to come off as a bunch of self-righteous jerks.

Bleak New Heights For Canada's Debt

CBC | Posted 01.23.2013 | Canada Politics

The Canadian Taxpayers Federation says the federal debt will pass a milestone Saturday, and used that to call for the Harper government to begin spend...

Canada To Hit Major Debt Milestone Tomorrow

CP | The Canadian Press | Posted 01.23.2013 | Canada Business

OTTAWA - The country is about to pass a red-ink milestone that the Canadian Taxpayers Federation says is completely unnecessary. The national debt ...

Rachel Mendleson

Federal, Provincial Governments: Give 'Em An Inch, They'll Take $82 Billion | Rachel Mendleson | Posted 11.15.2011 | Canada Business

For many of us, the immediate response to receiving an unexpected windfall of cash is to spend it -- which, as a new study suggests, is an impulse tha...