Federal Government Posts $8.2 Billion Deficit Between April and September This Year

Minister of Finance Chrystia Freeland speaks in the House of Commons after she delivered the 2023 Fall Economic Statement in the House of Commons in Ottawa, on Nov. 21, 2023. The Canadian Press/Adrian Wyld

The federal government recorded a budgetary deficit of $8.2 billion between April and September, $3.9 billion of which was in September.

The finance department says in its monthly fiscal monitor that the deficit between April and September compared to a surplus of $1.7 billion during the same period last year.