Trudeau Is Going To Bury Us In Debt

[Taxslave2]

Be interesting, and easy enough for anybody to find I’m assuming, Canada’s national debt increase between the spring of 2015, & the announcement of Covid, before a penny was spent using that as justification.

Fraser Institute likely has that data.

 

[spaminator]

Federal government posts $6.5 billion deficit in April, May
Author of the article:Canadian Press
Canadian Press
Published Jul 25, 2025 • 1 minute read

The federal government posted a $6.5 billion deficit in the first two months of the fiscal year.


The result for the April-to-May period compared with a $3.8 billion deficit for the same stretch last year.


Revenues increased $26 million, virtually unchanged from the prior year, as increases in customs import duties and pollution pricing proceeds to be returned to Canadians were largely offset by a decrease in revenues from corporate income and goods and services taxes.

The Finance Department says program expenses excluding net actuarial losses rose $2.9 billion, or four per cent.

Public debt charges increased $400 million, or 3.8 per cent, due to an increase in the stock of marketable bonds and higher consumer price index adjustments on real return bonds.

Net actuarial losses fell $600 million, or 46.8 per cent.

Federal government posts $6.5 billion deficit in April, May

The federal government posted a $6.5 billion deficit in the first two months of the fiscal year.

torontosun.com