when did canada last have a balanced budget
Canadian public debt With a recession, and an increase in federal spending from 2008, the federal debt grew by $5.8 billion in 2008â€“09. Large annual deficits from 2008 to 2013 has Canadian debt surpassing the $600 billion mark by November 2012, making it larger than the 1997 peak in absolute dollars (although far smaller in comparison to GDP). Starting in 2014, Canada returned to balanced budgets and has posted a small surplus (despite the debt continuing to increase in the following table).
New Democratic Party The NDP has often been Canada's third or fourth largest party in Parliament, at times aligning itself with the Liberal Party of Canada, as it did during the minority government of Lester B. Pearson from 1963 to 1968, Pierre Trudeau from 1972 to 1974, and Paul Martin from 2004 to 2006. Following the 1993 federal election the NDP was reduced to fourth place behind the Bloc Québécois, a position it would maintain for most of the next two decades. In the 2011 federal election under the leadership of Jack Layton, the NDP won the second-most seats in the House of Commons, gaining the position of Official Opposition for the first time in the party's history. The NDP then lost 59 seats during the 2015 federal election and fell to third place in Parliament, though it is their second best seat count to date.