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 ...

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

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 ...

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

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

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

What's unique about this budget is that it was drafted with the oversight a provincial supervisor appointed to take over ...

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

The national debt has (finally!) received more attention in recent months, particularly due to debates surrounding the One ...