Public accounts for 2019 partially released, detailing $346-billion in spending

The $14-billion deficit from the 2018-19 fiscal year adds to the total federal debt, which now sits at $696.5-billion.

The department of Finance, led by Bill Morneau, pictured, since November 2015, was once again the highest-spending federal department in 2018-19.The Hill Times photograph by Andrew Meade

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BY AIDAN CHAMANDY

September 25, 2019

The federal government spent $346.2-billion in 2018-19, up from $330.2-billion in 2017-18 and representing a 4.6 per cent increase, according to the recently released annual financial report. That spending left a budget deficit ...

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