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 ...

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

Revenue from customs import duties rose to $2.4 billion in April and May, according to data released Friday by Canada’s ...

While all provinces currently face budget shortfalls brought on by pandemic debt and increased spending due to trade war ...

Under pressure from the US trade war and a slowing economy, Canada's provinces are all expected to run fiscal deficits this year — but a Conference Board of Canada report predicts those deficits will ...

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