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2026/08/04
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Latest News:
Foreign Minister, Italian Ambassador Discuss Joint Relations, Cooperation
President al-Alimi: Yemen Has Entered New Stage of Taking the Lead and State-Building
Foreign Minister Praises China's Supportive Stances in Support of Yemen's Unity, Sovereignty, Security
PM Chairs Joint Meeting to Strengthen Coordination Between Trade and Finance Ministries
Ambassador Discusses Expanded Cooperation with JICA
Latest News:
Foreign Minister, Italian Ambassador Discuss Joint Relations, Cooperation
President al-Alimi: Yemen Has Entered New Stage of Taking the Lead and State-Building
Foreign Minister Praises China's Supportive Stances in Support of Yemen's Unity, Sovereignty, Security
PM Chairs Joint Meeting to Strengthen Coordination Between Trade and Finance Ministries
Ambassador Discusses Expanded Cooperation with JICA
Canada's federal budget deficit rises to $61.9 billion
[17/12/2024 01:23]
OTTAWA-SABA
The Canadian government recorded a federal budget deficit of $61.9 billion during the fiscal year ending March 31, 2024.
According to Radio Canada International, Justin Trudeau's government did not hit the $40.1 billion ceiling for the federal budget deficit for the fiscal year (2023-2024), surpassing it by about $22 billion, to $61.9 billion.
The Canadian government attributed the spike in the deficit to $5.5 billion lower government revenue than expected when the budget was submitted, as well as additional $16.4 billion in expenditures pledged by the government in specific commitments.
The budget deficit for the current fiscal year (2024-2025) is expected to decrease to $48.3
The Canadian government recorded a federal budget deficit of $61.9 billion during the fiscal year ending March 31, 2024.
According to Radio Canada International, Justin Trudeau's government did not hit the $40.1 billion ceiling for the federal budget deficit for the fiscal year (2023-2024), surpassing it by about $22 billion, to $61.9 billion.
The Canadian government attributed the spike in the deficit to $5.5 billion lower government revenue than expected when the budget was submitted, as well as additional $16.4 billion in expenditures pledged by the government in specific commitments.
The budget deficit for the current fiscal year (2024-2025) is expected to decrease to $48.3
Key words:
According - International - expenditures - commitments - government - attributed - surpassing - additional - submitted - Trudeau's -
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