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

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 ...

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

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

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

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

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

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Most provinces have put up contingency funds in this year's budgets to support workers and critical industries through the tariff dispute.

TORONTO (Reuters) -Canada, under pressure to spend more on its military, vowed on Monday to boost funding for the armed forces and hit NATO's 2% military spending target this fiscal year, five ...