Canada overshoots deficit target by C$20 billion

Canada overshoots deficit target by C$20 billion as finance minister resigns
Canadian Prime Minister Justin Trudeau's spending related to the pandemic and other one-off costs blew a bigger than expected hole in the government's budget last year, its fiscal update showed on Monday,
Canada Runs Deeper Deficits as Finance Chief Resigns
Prime Minister Justin Trudeau’s government ran a deeper deficit than projected and broke a fiscal objective outlined by his finance chief, who departed the day she was set to unveil new spending and revenue estimates.
Canada's finance minister resigns as unpopular Trudeau faces biggest test of his political career
Canadian Prime Minister Justin Trudeau is facing the biggest test of his political career following the resignation of Finance Minister Chrystia Freeland, long one of his most powerful and loyal minis
Canada expected to announce missed deficit targets as spending creeps up
Canada is expected to announce on Monday it blew past its deficit target for last year, when Finance Minister Chrystia Freeland presents her mid-term budget, and economists said estimates for this year could also be higher as spending increases.
Projected deficit in Manitoba up half a billion dollars, finance minister says
The projected deficit for the current fiscal year in Manitoba has ballooned by half a billion dollars, says a mid-year report from Finance Minister Adrien Sala.
Fiscal update reveals $62 billion deficit as Liberal strife bursts into public view
Canada’s deficit is now forecast to be $62 billion, more than fifty per cent higher than the $40 billion projection contained ...
Canada Records C$61.9 Billion Deficit for Fiscal Year 2023-24 -- Update
Canada's fall economic statement indicated the Liberal government recorded a budget deficit in the 2023-24 fiscal year of 61.9 billion Canadian dollars, or the equivalent of $43.5 billion. And the ...
Trudeau government’s mini-budget shows deficit soared by almost $22B, no money for $250 cheque plan, but cash for Trump’s border demands
The fiscal update did not include any funding for the $250 cheques the Trudeau government promised Canadians just a few weeks ...
Freeland's resignation pushes deficit news to one side on a very strange day in Canadian politics
Monday’s media lockup for the Fall Economic Statement (FES) will go down in history as one of the weirdest events in Canadian ...
Canada finance minister quits after clash with Trudeau over Trump tariffs, spending
Canada's Finance Minister Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues ...
Trudeau government’s mini-budget shows Canada going deeper into debt, no money for $250 cheque plan, and cash for Trump’s border demands
The fiscal update did not include any funding for the $250 cheques the Trudeau government promised Canadians just a few weeks ago.
Canada deputy PM quits in tariff rift with Trudeau
Canada's Deputy Prime Minister Chrystia Freeland quit Monday in a surprise move after disagreeing with Justin Trudeau over US ...
Federal deficit balloons to $61.9B as government tables economic update on chaotic day in Ottawa
The federal government's fall economic statement — tabled just hours after Finance Minister Chrystia Freeland quit cabinet ...