Finance Department

• Ottawa reports $25.5B deficit between last April and February

  In its monthly fiscal monitor, the Finance Department says the result compared with a deficit of $19.3 billion for the same period of 2024-25.

  Canada

  3 hours
  
• Kelowna business owners being targeted by email fraud, RCMP issue warning

  The Kelowna RCMP is asking the local businesses to watch out for scam that entails a criminal sending an email to the finance department disguised as an existing supplier.

  Crime

  Oct 8, 2021
  
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• New federal study shows workers hit hardest by extra earnings tax, benefit system

  Besides paying more tax, making more money can mean losing other benefits aimed at alleviating poverty.

  Canada

  Oct 25, 2020
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• Carbon tax rebate amounts reduced in four provinces

  The federal government has decreased the carbon tax rebates Canadians can expect in the new year in three provinces that have not adopted carbon pricing models that meet federal requirements.

  Canada

  Dec 17, 2019
• Feds start fiscal year with modest surplus, but big spending on the horizon

  While the federal government started the fiscal year with a small budgetary surplus, the black ink is expected to turn very red in the coming months.

  Politics

  Jul 28, 2017
• Nova Scotia surplus higher than forecasted, rises to $149 million

  The province's net debt also decreased by $121 million to $14.95 billion.

  Canada

  Jul 27, 2017
• Infrastructure bank raises concerns over unsolicited, non-government bids: document

  The caution comes as the government prepares to launch the infrastructure bank.

  Canada

  May 5, 2017
• Canada could be heading towards decades of deficits, federal analysis warns

  Federal numbers released quietly by the government late last month are painting a bleak picture of Canada's financial future — one filled with decades of deficits.

  Canada

  Jan 5, 2017
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• Feds post razor-thin $1 billion deficit in 2015-16

  The federal government posted a razor-thin $1-billion deficit in 2015-16, a period in which both the Liberals and Conservatives had turns managing the public books.

  Canada

  Oct 7, 2016
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• Ottawa posts $1B deficit in Q1, down from $5B surplus last year

  The Finance Department released its fiscal monitor today showing the state of Ottawa's finances.

  Money

  Aug 26, 2016