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

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 ...

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

A July 22 report from RBC Economics says stronger-than-expected federal and provincial spending could lift Canada’s economic ...

The Bank of Canada and most other federal Crown corporations will be looking to trim their budgets over the coming years ...

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

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

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

Falling prices, slower construction and investor strain point to a prolonged downturn, which Oxford warns could last into ...

Prime Minister Mark Carney speaks with reporters on Parliament Hill in Ottawa on Monday, June 30, 2025 ... budget — will drive its deficits markedly higher in the coming years. In a new analysis ...