Finance Department Says Federal Deficit Hit $282.6 Billion in February

A Canada flag is pictured with the Peace Tower on Parliament Hill in Ottawa on April 12, 2021. The Canadian Press/Sean Kilpatrick

OTTAWA—The federal government says it ran a budgetary deficit of $282.6 billion through 11 months of its fiscal year as revenues dropped and pandemic aid continued to flow.

The deficit from April to February compares to a deficit of $7 billion over the same period one year earlier.