Budget 2024, by the numbers: Here’s how spending is being divvied up

Here are some key numbers from the Liberal government's federal budget, which includes $535 billion in total government spending for the 2024-25 financial year.

Here are some key numbers from the Liberal government’s federal budget:

$535 billion: Total government spending for the 2024-25 financial year.

$39.8 billion: The total deficit, just shy of the $40-billion projection in the fall economic statement.

$11.5 billion: The amount of new spending this year.

$8.5 billion: What’s being spent to spur new housing.

$3.87 million: The number of new homes the government says its housing plan will get built by 2031.

$2.6 billion: What the Liberals say will go towards “generational fairness” to ease education costs and create new job opportunities for younger Canadians.

$19.4 billion: The amount of revenue Ottawa expects to get from five years of targeted changes to capital gains taxes.