Canada posts 26.14 billion dollar nine month deficit
Canada recorded a 26.14 billion dollar budget deficit for the first nine months of the fiscal year. Spending grew faster than revenue as program expenses rose.
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Canada recorded a budget deficit of C$26.14 billion ($19.15 billion) for the first nine months of the 2025/26 fiscal year, reflecting a period where government expenditures grew at a faster pace than revenues. Data released by the finance ministry on Friday showed that the deficit expanded from the C$21.72 billion reported during the same period one year earlier.
