The federal government posts a decrease of $ 6.5 billion in April, May

The federal government posted a loss of $ 6.5 billion in the first two months of the financial year.

Results for the period of April-to-May compared to the deficit of $ 3.8 billion for the same stretch last year.

Revenue increased by $ 26 million, unchanged from almost the previous year, because the canadians were largely offered to the canadians to return from customs import duties and pollution pricing to return to canadian people to return to corporate income and revenue from goods and service taxes.

The Finance Department says that except for the net actual deficit, the cost of the program increased by $ 2.9 billion or four percent.

Public loan fee increased by $ 400 million or 3.8 percent, as due to an increase in stock of marketable bonds and high consumer price index adjustments on real returns.

Net actual loss fell $ 600 million, or 46.8 percent.

This report of Canadian Press was first published on 25 July 2025.

Canadian press

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