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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.
In Canada, federal budgets are ... 2023–24 28 March 2023 C-47: Royal Assent (22 June 2023) 177 / 323 (55%) 146 / 323 (45%) 2 2024 Canadian federal budget Fairness ...
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
The federal budget deficit rose to $1.7 trillion in fiscal 2023, according to data released Friday by the Treasury Department. The gulf between how much money the federal government spent and made ...
Ontario, Canada's most populous province, forecast on Wednesday its budget deficit would narrow in the upcoming fiscal year and return to balance in 2029-30 as the economy rebounds from the ...
As of March 2022, Canada's DBRS AAA credit rating was maintained in response to expectations of the decline in the federal fiscal deficit 14.6% of GDP in FY 2020–2021 to 2.2% in FY 2022–2023. [ 8 ]
The US budget deficit soared in fiscal year 2023, which will likely complicate Congress’ efforts to come to a federal spending deal before government funding runs out next month.
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]