Today, Canada released its Budget Balance figures for April, revealing a deficit of -6.270 billion. This result surpassed ...

Canada recorded a sharply higher C$6.50 billion ($4.71 billion) budget deficit for the first two months of the 2025/26 fiscal ...

OTTAWA--Canada recorded a wider budget deficit in the first two months of the current fiscal year as a surge in revenue from tariffs on U.S. imports failed to offset declines in corporate and ...

OTTAWA, Nov 29 (Reuters) - Canada's budget deficit for the first six months of the 2024-25 fiscal year jumped by more than a half to C$13.01 billion ($9.28 billion) as program expenses and debt ...

Canada recorded a slightly lower C$14.50 billion ($10.09 billion) budget deficit for the first seven months of the 2024/25 fiscal year compared to the previous year as revenues grew faster than ...

Canada recorded a C$9.84 billion ($7.10 billion) budget deficit for the first five months of the 2024/25 fiscal year as government expenditures grew faster than revenues, the finance ministry said on ...

OTTAWA, Nov 29 (Reuters) - Canada's budget deficit for the first six months of the 2024-25 fiscal year jumped by more than a half to C$13.01 billion ($9.28 billion) ...

Rising debt usually leads to slower growth, higher debt interest costs and higher taxes for future generations ...