Federal government posts $3.9B deficit in April, May

The Finance Department News

Federal government posts $3.9B deficit in April, May
Canada Latest News,Canada Headlines
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 77 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

OTTAWA — The federal government posted a $3.9 billion deficit in the first two months of the fiscal year.

The result for the April-to-May period compared to a $1.5 billion surplus for the same stretch last year.The Finance Department says program expenses excluding net actuarial losses rose $10 billion, or 15.9 per cent.Net actuarial losses fell $0.4 billion, or 23.2 per cent.Before You See Deadpool & Wolverine, a Few Things to Know About TV’s Loki

The Merc With a Mouth is back in theaters this weekend, this time teaming up with a X-Man who gives manicurists the willies. The good news is that if you have not kept 100% up to speed on the Marvel Studio-produced, “It’s all connected” TV series that have been pretty steadily rolling out …Lando Norris targets pole position with McLaren but admits ‘I need to earn it’

The Briton has a chance to slash the 76-point championship deficit to Max Verstappen at Sunday’s Belgian Grand Prix.Israeli troops battle Palestinian fighters in Gaza city of Khan Younis Israeli troops battled Palestinian fighters in Khan Younis in southern Gaza and destroyed tunnels and other infrastructure, as they sought to suppress small militant units that have continued to hit troops with mortar fire, the military said on Friday. The Israeli Defence Forces said troops had killed around 100 Palestinian fighters since Israeli troops began their latest operation in Khan Younis on Monday, which continued as pressure mounted for a deal to halt the fighting.

The 2024 Paris Olympics are here, and that means we're about to get the opening ceremony, filled with big-name celebrities and the mascot known as a Phryge. And that also means we'll see some performers who will welcome in the Games. Who are we goingMusic Review: Ice Spice flexes her flow on brief debut album, 'Y2K!'Hilary Duff squashes rumors about baby #4 being ‘unplanned’What the CrowdStrike outage exposed about our connected world. It's not good.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Premiers call for federal help as they call out Ottawa for treading on their territoryPremiers call for federal help as they call out Ottawa for treading on their territoryFrom left to right, Saskatchewan Premier Scott Moe, Alberta Premier Danielle Smith and Ontario Premier Doug Ford during a photo opportunity at the Council of the Federation meetings in Halifax on Monday, July 15, 2024.
Read more »

Ottawa allows dentists to bill federal program on case-by-case basisOttawa allows dentists to bill federal program on case-by-case basisOral healthcare providers can now take part in the Canadian Dental Care Plan without having to officially sign up for the program. As of July 8, they can accept patients on a case-by-case basis, as long as they agree to bill the insurance company directly.
Read more »

What's happening in Ottawa this weekend: June 28-July 1What's happening in Ottawa this weekend: June 28-July 1CTV News Ottawa looks at things to do in Ottawa during the Canada Day long weekend.
Read more »

What's happening in Ottawa this weekend: July 26-28What's happening in Ottawa this weekend: July 26-28The world's biggest bouncy castle, the Ottawa Redblacks, the Ottawa Titans, professional golf and the 30th anniversary of Ottawa Chamberfest are just some of the things happening in Ottawa this weekend.
Read more »

Swimming not recommended at 3 Ottawa beaches after heavy rainfallSwimming not recommended at 3 Ottawa beaches after heavy rainfallOttawa Public Health is recommending against swimming at three Ottawa beaches following Monday's heavy rainfall.
Read more »

Ottawa police lay charges after 5-car pileup in Westboro in MayOttawa police lay charges after 5-car pileup in Westboro in MayOttawa police have announced charges against a driver involved in a major pileup in Westboro earlier this year.
Read more »



Render Time: 2025-02-15 14:42:18