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 ...

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

Under pressure from the U.S. trade war and a slowing economy, Canada's provinces are all expected to run fiscal deficits this ...

What's unique about this budget is that it was drafted with the oversight a provincial supervisor appointed to take over ...

The C.D. Howe Institute predicts Ottawa's spending plans will push deficits over the next four years to more than double the ...

As Canada plans to increase spending on areas such as national defence while financial markets absorb the recent downgrade of ...

TORONTO (Reuters) -Canada, under pressure to spend more on its military, vowed on Monday to boost funding for the armed forces and hit NATO's 2% military spending target this fiscal year, five ...

With shrinking GDP, downgraded credit ratings and runaway debt, economists say the government has lost control of the ...