National Debt


Canadian bankers are warning Trudeau about soaring debt

The top lenders of the country are sending a message to the Trudeau government, warning that the massive budget deficit will have future consequences.

Angelo Isidorou

Canadian MPs now worried about potential second lockdown

Many MPs are worried about both the health and economic situations of Canada, and fear that there isn’t a proper plan in place to deal with these two looming problems.

James Anthony

Trudeau government's deficit nears $400 billion dollars

The Parliamentary Budget Office says this year’s budget shortfall is $343.2 billion. The highest a deficit has ever been was in 2010, $55.6 billion, far below today’s record.

Joe Vaughan

Trudeau government plans to turn on taps with more government debt

Trudeau's Liberal government has significant ambitions for the restart of Canada's economy.

Nico Johnson

Trudeau government borrowed over $500 BILLION in just 120 days

Despite the federal debt surpassing $1.3 trillion dollars, Finance Minister Bill Morneau said that the federal government would not raise taxes.

Roberto Wakerell-Cruz

BREAKING: Trudeau Liberals hit $1.06 TRILLION debt after most costly pandemic plan in G7

Canada's unemployment rate sits at a startling 13.7 percent—putting it in the company of famously flaccid economies like Spain and Greece.

Roberto Wakerell-Cruz

Conservative MPs demand investigation into 900 MILLION dollar contract awarded to Trudeau’s favourite charity

These Conservatives are calling for an investigation into the Trudeau government's decision to give a contract to the WE Charity.

Nico Johnson

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

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

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

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

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

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

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

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