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

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

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

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 ...

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

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

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

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

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

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

The trade deficit in May met expectations at C$5.9 billion ($4.34 billion), down from a downwardly revised C$7.6 billion in the prior month, Statistics Canada said. Exports increased by 1.1% on a ...