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Canada's fiscal deficit for the year ended March came in at C$61.9 billion ($43.45 billion) - about 50% more than what was projected and missing one of the three key fiscal objectives Finance ...
The Canadian federal budget for the fiscal years of 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.
OTTAWA, Dec 20 (Reuters) - Canada recorded a slightly lower C$14.50 billion ($10.09 billion) budget deficit for the first seven months of the 2024/25 fiscal year compared to the previous year as ...
Canada's most populous province and industrial powerhouse is projected to run a deficit of C$10.3 billion ($7.7 billion) in fiscal 2019-20, which began on April 1, including a C$1 billion reserve.
April 5 – 2023 Canada ice storm: Two people are killed and over a million people are without power after an ice storm strikes Ontario and Quebec. [29] April 9 – The 2023 Canadian Ringette Championships are held in Regina, Saskatchewan. National champions are decided in U16, U19, and National Ringette League divisions. [citation needed]
According to an April 11, 2019 Royal Bank of Canada (RBC) report, the revised estimate of Ontario's deficit was $11.7 billion in 2018-2019 and it was projected to decrease by $1.4 billion in 2019-2020 mainly because of "the removal of the $1 billion contingency reserve." At that time it was projected that the deficit would be "completely ...
Canada set out on Thursday C$11.3 billion ($8.2 billion) in new spending this year and next, and slashed its budget deficit forecast by nearly a third for the current fiscal year, in an economic ...
[6]: 1 It reached 150% following World War II. [6]: 1 The ratio fell until the 1970s, then rose to over 100% in the mid-1990s. [6]: 3 The federal government's gross debt to GDP ratio fell from the mid-1990s, before rising briefly following the financial crisis of 2008–09. It then resumed a downward trend until the pandemic-related spike in 2020.