Ottawa Posts $19.3-Billion Deficit for April-to-February Period of 2024-25

Ottawa Posts $19.3-Billion Deficit for April-to-February Period of 2024-25
The Canadian flag blows on the Peace Tower on Parliament Hill in Ottawa on June 28, 2024. The Canadian Press/Sean Kilpatrick
The Canadian Press
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The federal government posted a budgetary deficit of $19.3 billion for the April-to-February period of its 2024-25 fiscal year.

The result compared with a deficit of $17.3 billion reported for the same period of 2023-24.