The federal government ended the 2022-23 fiscal year with a $41.3 billion deficit, slightly lower than it had forecast in its budget released in March. cdnpoli
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Program expenses were down $29.9 billion, or 6.5%, as the federal government wound down COVID-19 support programs. Higher interest rates have pushed up public debt charges by $10.4 billion, or 42.0% since the previous year.This advertisement has not loaded yet, but your article continues below.Subscribe now to read the latest news in your city and across Canada.Get exclusive access to the Saskatoon StarPhoenix ePaper, an electronic replica of the print edition that you can share, download and comment on.Support local journalists and the next generation of journalists.
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