Canada budget deficit rises to C$25.55 billion in first 11 months of 2025/26

3 articles · Updated · Reuters · Apr 24

The deficit increased from C$19.27 billion a year earlier as program expenses grew 2.1% and revenues rose 0.8%.
Public debt charges fell 0.1% due to lower interest rates on treasury bills, but higher rates on bonds partly offset this benefit.
Canada posted a C$5.66 billion surplus in February 2026, down from C$7.57 billion in February 2025, reflecting ongoing fiscal pressures.

With federal debt hitting a record $2.35 trillion, how close is Canada to a genuine fiscal breaking point?

Can Canada truly cut its way to a balanced budget while launching expensive new benefit programs?

As Ottawa's debt soars, are Canadian households being pushed deeper into their own financial crises?

By scrapping the carbon tax for economic relief, what is the long-term environmental price for Canada?

As the crucial USMCA trade deal review nears, is Canada's economy prepared for a potential shock?

Experts propose a radical 'big bang' tax reform. Is this the shock Canada's struggling economy needs?