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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 ...
OTTAWA (Reuters) -Canada's Finance Minister Chrystia Freeland declined to say on Tuesday whether the country would achieve its deficit target for the last fiscal year, fueling economists ...
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 ...
In addition, the federal government posted ten consecutive deficits since it took office, with projections showing a $39.8 billion deficit for 2024–25. Federal debt nearly doubled from 2014–15 to 2024–25, approaching $2.1 trillion, with forecasts suggesting an additional $400.1 billion increase by March 2029 due to projected deficits in ...
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.
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]
Canada's budget deficit for the first six months of the 2024-25 fiscal year jumped by more than a half to C$13.01 billion ($9.28 billion) as program expenses and debt payment costs rose faster ...