US Edition
Federal government posts $6.5 billion deficit in April, May
- The federal government recorded a $6.5 billion deficit in the first two months of the fiscal year.
- This deficit increased from a $3.8 billion deficit during the same period last year.
- Program expenses rose by $2.9 billion, or four percent, excluding net actuarial losses.
- Public debt charges increased by $400 million, or 3.8 percent, due to an increase in the stock of marketable bonds.
23 Articles
23 Articles
The federal government posted a deficit of $6.5 billion in the first two months of the fiscal year.
Federal Government Posts $6.5 Billion Deficit in April, May
The federal government posted a $6.5 billion deficit in the first two months of the fiscal year. The result for the April-to-May period compared with a $3.8 billion deficit for the same stretch last year. Revenues increased $26 million, virtually unchanged from the prior year, as increases in customs import duties and pollution pricing proceeds to be returned to Canadians were largely offset by a decrease in revenues from corporate income and go…
The federal government posted a deficit of $6.5 billion in the first two months of the fiscal year, compared to a deficit of $3.8 billion for the same period last year.
Acadie Nouvelle
lechodelarivenord.caThe federal government posted a deficit of $6.5 billion in the first two months of the fiscal year.
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