May 30 2026FINANCE
Canada’s Budget Deficit Surges to $55 Billion
In the fiscal year that ended in March 2026, Canada’s government ran a larger budget shortfall than the previous year. The deficit climbed to 55. 28 billion Canadian dollars, up from 43. 15 billion a year earlier, according to the finance ministry’s report. Spending grew by 1. 6% across most majo
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