National Debt


Trudeau government borrows over $371.5 BILLION in 27 days, breaks record

Ottawa has set a borrowing record with its unchecked spending during the lockdown, borrowing more than one third of a trillion dollars in 27 days.

Nico Johnson Nico Johnson

Trudeau will not raise taxes despite record-breaking deficit

In another display of Trudeaunomics, Finance Minister Bill Morneau has promised that he will not increase taxes.

Nico Johnson Nico Johnson

POILIEVRE: The imaginary unicorn 'balance sheet'

The economy is like a horse carrying big bags of debt on his back up a hill.

Pierre Poilievre Pierre Poilievre

BREAKING: Trudeau uncertain about Canada's economic future as debt could reach $1 TRILLION this year

Trudeau stated that the government is "focused" on getting money to the pockets of Canadians, with seemingly no regard for the future.

Roberto Wakerell-Cruz Roberto Wakerell-Cruz

Trudeau Liberals say Canada's deficit could reach 8.5 percent of 2020-21 GDP

In 2018, the state deficit in Canada was about 0.39 percent of the gross domestic product, according to Statista.

Roberto Wakerell-Cruz Roberto Wakerell-Cruz

Trudeau government to reach record-breaking $130 BILLION deficit

The Liberal government's deficit for this year will reach a stunning $130 billion figure, breaking a record for the highest deficit in Canadian history.

Nico Johnson Nico Johnson

Federal, provincial and household debt push Canada’s debt-to-GDP ratio over 280 percent

Consumer debt topped $2.25 trillion in June. Add this to federal and provincial debt and Canada’s debt-to-GDP ratio sky-rockets to 281%.

Jason Unrau Jason Unrau

Five things Canadian politicians will say before they waste your money

Canadian politicians have certain cliché lines they use to try to excuse their overspending of taxpayer’s money.

Jasmine Pickel Jasmine Pickel

A fifth of Canadians think they’ll never go debt free

A fifth of Canadians do not expect to ever escape debt in their lifetime.

Nico Johnson Nico Johnson

Bank of Canada holds key lending rate firm amidst domestic, global uncertainty

As the American economy continues to outperform our own, Bank of Canada has little good news on Canada’s performance improving.

Jason Unrau Jason Unrau

Five spooky facts about Canada’s federal debt

It’s Halloween in Canada, and nothing is more frigneting this October than Canada’s federal debt

Nico Johnson Nico Johnson

FRIGHTENING DEBT: Ontario man makes cemetery to highlight Canadian debt

A concerned Canadian puts up a national debt cemetery on his front lawn to raise awareness of Canada’s massive national debt.

Graeme Gordon Graeme Gordon