Pandemic Spending Sent Federal Deficit to $268 Billion in January, Feds Say

Pandemic Spending Sent Federal Deficit to $268 Billion in January, Feds Say
People walk on Parliament Hill on May 23, 2017. Justin Tang/The Canadian Press
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OTTAWA—The federal government says it ran a budgetary deficit of $268.2 billion through 10 months of its fiscal year as the treasury pumped out more pandemic aid.

The deficit from April to January compares to a deficit of $10.6 billion over the same period one year earlier.