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

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.

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BY IAN CAMPBELL
May 29, 2024

News | BY IAN CAMPBELL | May 29, 2024

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

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.

Poilievre takes aim at Housing Accelerator Fund despite representing a city that’s already received $44-million from it

‘This is an emergency’: Canadian politicos react to Trump’s election, upcoming cabinet appointments

Review of solitary confinement law a year late as report finds prisoners’ rights still violated

Many provinces say no details from feds on striking pharmacare deals over a month after law passes

Public service job cuts loom as Ottawa misses spending and deficit targets

Ten parliamentary committees forgo scrutiny of $25-billion in spending estimates

What’s in the budget for federal procurement? More money for housing, less for long-term projects

Budget projects savings through ‘natural attrition’ of public service jobs

Defence over diplomacy spotlighted in Liberal budget, with modest initial spending on foreign service reform

It’s difficult to ‘follow the money’: former MPs, bureaucrats, and PBOs say budget and estimates process makes it tough for Parliament to hold government spending to account

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

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.

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