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

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

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 ...

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

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

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

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

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 ...