Federal Budget Deficit
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Feds trim budget deficit to $73.7 billion from April to NovemberThe Finance Department says the result compared with a deficit of $232 billion in the same period a year earlier.EconomyJan 28, 2022
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Why the government’s coronavirus spending may not lead to higher taxesGovernment spending has soared during the coronavirus crisis. But Patrick Leblond says Canadians do not have to fear years of austerity or tax hikes once the pandemic has passed.CommentaryMay 11, 2020
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Federal government ran $14 billion deficit in 2018-19Revenues in 2018-19 expanded by $21 billion - or 6.7 per cent - compared to the previous year, said the report released Tuesday.CanadaSep 17, 2019
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Balanced budget? A look at why federal leaders aren’t in a rushCanada is on track to post multibillion-dollar shortfalls over the next six years, in large part because of the Liberals' investments in social programs and infrastructure.PoliticsSep 15, 2019
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Government to post smaller budget deficit than Liberals originally expected, PBO saysThe Parliamentary Budget Officer, which has a mandate to provide independent analysis to lawmakers, forecast the budget deficit for the fiscal year ending in March 2017 at $22.4 billion.PoliticsOct 24, 2016
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