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Ottawa posts $21.7 billion deficit for April-to-December period

Ottawa posts $21.7 billion deficit for April-to-December period

OTTAWA — The federal government posted a budgetary deficit of $21.7 billion for the April-to-December period of its 2024-25 fiscal year. The result compared with a deficit of $23.6 billion for the same period a year earlier. According to the Finance Department's monthly fiscal monitor, revenue for the nine-month period totalled $355.6 billion, up from […]

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