Much has been made about Ontario's revised $24.7 billion deficit. Of course, Ontario isn't the first jurisdiction - and won't be the last - to run a deficit. Here's a look at our federal government's deficit history:
Source: Department of Finance
http://www.fin.gc.ca/frt-trf/2008/frt08_1-eng.asp#1
And while you're here, have a look at The Agenda's September 16th debate on Structural Deficits:













