US EditionFederal Government Posts $3.3 Billion Deficit From April to June
- The federal government recorded a $3.3 billion deficit in the first three months of the fiscal year.
- This deficit is larger than the $2.9 billion deficit from the same period last year.
- Program expenses rose by $5 billion, or 4.6 percent.
- Public debt charges decreased by $100 million, or 0.6 percent.
21 Articles
21 Articles
Federal Government Posts $3.3 Billion Deficit From April to June
The federal government posted a $3.3 billion deficit in the first three months of its fiscal year. The result for the April-to-June period compared with a $2.9 billion deficit for the same stretch last year. Revenues increased $3.5 billion or 2.9 percent from the prior year, largely due to increases in customs import duties related to Canada’s counter-tariffs on American goods, along with higher corporate and personal income tax revenues. The Fi…
The federal government posted a deficit of $3.3 billion in the first three months of its fiscal year.
Winnipeg Free Press
Federal government posts $3.3 billion deficit from April to June
Breaking News, Sports, Manitoba, Canada
Canada posts $3.3 bill. deficit from April to June - The Canadian Media
Ottawa/CMEDIA: A deficit of reportedly $3.3 billion has been posted by the federal government in the first three months of its fiscal year April-to-June period compared with a $2.9 billion deficit for the same stretch last year. Increases in customs import duties related to Canada’s counter-tariffs on American goods together with higher corporate and personal income
The federal government posted a deficit of $3.3 billion in the first three months of its fiscal year, which compares to a deficit of $2.9 billion for the same period last year. Revenues increased by $3.5 billion, or 2.9 per cent, compared to the previous fiscal year, largely due to the increase in customs import duties related to Canadian customs duties on U.S. goods, as well as to the increase in corporate and personal income tax revenues. The …
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