The federal government posted a $6.5 billion deficit in the first two months of the fiscal year. The result for the ...

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 ...

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

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

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

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

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

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

Helped by volatile gold shipments, the May deficit was down from a record in April and continued to reflect fluctuating tariff policy in Canada’s biggest trade partner and neighbor.

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