Federal Government Posts $3.9B Surplus for April-to-August Period

Prime Minister Justin Trudeau looks on as Deputy Prime Minister and Finance Minister Chrystia Freeland speaks in Ottawa on Oct. 7, 2022. The Canadian Press/Adrian Wyld

The federal government posted a surplus of $3.9 billion for the first five months of its 2022-23 fiscal year.

In its monthly fiscal monitor, the finance department says the result for the April-to-August period compared with a deficit of $57.2 billion for the same time last year.