Canada recorded a sharply higher C$6.50 billion ($4.71 billion) budget deficit for the first two months of the 2025/26 fiscal ...

Today, Canada released its Budget Balance figures for April, revealing a deficit of -6.270 billion. This result surpassed ...

OTTAWA--Canada recorded a wider budget deficit in the first two months of the current fiscal year as a surge in revenue from tariffs on U.S. imports failed to offset declines in corporate and ...

The federal government posted a $6.5 billion deficit in the first two months of the fiscal year. The result for the ...

The C.D. Howe Institute predicts Ottawa's spending plans will push deficits over the next four years to more than double the ...

With shrinking GDP, downgraded credit ratings and runaway debt, economists say the government has lost control of the ...

TORONTO (Reuters) -Canada, under pressure to spend more on its military, vowed on Monday to boost funding for the armed forces and hit NATO's 2% military spending target this fiscal year, five ...

OTTAWA--Canada's international merchandise-trade deficit narrowed in May as record exports to countries other than U.S. countered an ongoing slump in trade across the southern border. The country ...

Helped by volatile gold shipments, the May deficit was down from a record in April and continued to reflect fluctuating tariff policy in Canada’s biggest trade partner and neighbor.

Canada’s share of exports destined for the US shrank to 68.3% in May, from last year’s monthly average of 75.9%. “Canada-US trade is stuck in a lull and it is unlikely to improve for a while.

The trade deficit in May met expectations at C$5.9 billion ($4.34 billion), down from a downwardly revised C$7.6 billion in the prior month, Statistics Canada said. Exports increased by 1.1% on a ...

As a result, Canada's trade deficit with the world incorporating both goods and services narrowed to C$5.86 billion from C$7.60 billion in April. Write to Robb M. Stewart at [email protected] ...