CanadaPeople walk on Parliament Hill in Ottawa, in a file photo. The Canadian Press/Sean KilpatrickMatthew Horwood4/9/2026|Updated: 4/9/20260:00Canada’s current fiscal trajectory will lead the federal deficit to grow to $117 billion by 2035, according to a new report.While the federal government’s latest budget projects a deficit of just $57 billion by 2029, the report by public policy think tank MEI said that increasing elderly benefits, transfers to provinces, and military spending would put the figure much higher.
Federal Deficit Could Grow to $117 Billion by 2025: Report
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