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Wednesday, December 18, 2024

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Delayed public accounts report public debt charges increased by 35 per cent in 2023-24

‘Indigenous contingent liabilities’ and some pandemic expenses expanded the budgetary deficit to $61.9-billion, up from the $40.1-billion projected in Budget 2024.

News
BY RIDDHI KACHHELA
December 18, 2024

News | BY RIDDHI KACHHELA | December 18, 2024

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Delayed public accounts report public debt charges increased by 35 per cent in 2023-24

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Ripping off the deficit bandaid

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Rising public debt costs form large share of feds’ latest $12.7-billion spending plan

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Main estimates asks jump 3.8 per cent to reach $449.2-billion in budgetary spending

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PBO projects ‘sluggish’ economic growth this year, with $11.5-billion increase in budgetary deficit in 2023-24

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Ripping off the deficit bandaid

FeatureBY RIDDHI KACHHELA

Plus, Statistics Canada publishes the latest quarterly data on job vacancies.

Ripping off the deficit bandaid

FeatureBY RIDDHI KACHHELA

Plus, Statistics Canada publishes the latest quarterly data on job vacancies.

Rising public debt costs form large share of feds’ latest $12.7-billion spending plan

NewsBY IAN CAMPBELL

Total released spending plans now sit at $461.8-billion, or 90 per cent of the amount outlined in the April budget for 2024-25. That percentage is on pace with the last two years by this time, but both years the Liberals surpassed their budget plans by billions of dollars.

Rising public debt costs form large share of feds’ latest $12.7-billion spending plan

NewsBY IAN CAMPBELL

Total released spending plans now sit at $461.8-billion, or 90 per cent of the amount outlined in the April budget for 2024-25. That percentage is on pace with the last two years by this time, but both years the Liberals surpassed their budget plans by billions of dollars.

Main estimates asks jump 3.8 per cent to reach $449.2-billion in budgetary spending

NewsBY LAURA RYCKEWAERT

Comparing the 2023-24 and 2024-25 main estimates, The Hill Times identified 30 departments and agencies for which spending authorizations will change by $100-million or more.

Main estimates asks jump 3.8 per cent to reach $449.2-billion in budgetary spending

NewsBY LAURA RYCKEWAERT

Comparing the 2023-24 and 2024-25 main estimates, The Hill Times identified 30 departments and agencies for which spending authorizations will change by $100-million or more.

PBO projects ‘sluggish’ economic growth this year, with $11.5-billion increase in budgetary deficit in 2023-24

NewsBY MIKE LAPOINTE

Former parliamentary budget officer Kevin Page says some observers are concerned about the loss of 'fiscal room' because of debt generated during the pandemic.

PBO projects ‘sluggish’ economic growth this year, with $11.5-billion increase in budgetary deficit in 2023-24

NewsBY MIKE LAPOINTE

Former parliamentary budget officer Kevin Page says some observers are concerned about the loss of 'fiscal room' because of debt generated during the pandemic.

Feds look for $13.2-billion boost to budgetary spending to wrap up 2023-24

NewsBY LAURA RYCKEWAERT

Roughly $8.9-billion of the additional spending authorities being sought through the most recent supplementary estimates for 2023-24 will be voted on by Parliament.

Feds look for $13.2-billion boost to budgetary spending to wrap up 2023-24

NewsBY LAURA RYCKEWAERT

Roughly $8.9-billion of the additional spending authorities being sought through the most recent supplementary estimates for 2023-24 will be voted on by Parliament.

Delayed public accounts report public debt charges increased by 35 per cent in 2023-24

‘Indigenous contingent liabilities’ and some pandemic expenses expanded the budgetary deficit to $61.9-billion, up from the $40.1-billion projected in Budget 2024.

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