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Tuesday, April 15, 2025

Ottawa posts $21.7 billion deficit, April-to-December


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The outcome in contrast with a deficit of $23.6 billion for a similar interval a yr earlier.

According to the Finance Department’s month-to-month fiscal monitor, income for the nine-month interval totalled $355.6 billion, up from almost $318.1 billion a yr earlier, boosted by beneficial properties in all classes.

Program bills excluding web actuarial losses amounted to $333.2 billion, up from almost $301 billion, boosted by will increase throughout all main classes together with direct program bills and main transfers to individuals.

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Public debt costs totalled $41.1 billion, up from $35.1 billion.

Net actuarial losses have been $3 billion, down from $5.7 billion a yr in the past.



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