Ottawa Posts $26.8 Billion Deficit for April-to-January Period

Construction workers build scaffolding on Parliament Hill in Ottawa on March 20, 2025. The Canadian Press/Sean Kilpatrick

The federal government posted a budgetary deficit of $26.8 billion for the April-to-January period of its 2024-25 fiscal year.

The result compared with a deficit of $25.7 billion for the same period a year earlier.