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Canada reports a $14.5B deficit, slightly down from last year, amid rising expenses and interest rates.
Canada's federal government reported a $14.5 billion deficit from April to October, down slightly from last year's $15.1 billion.
Despite a 10.7% revenue increase to $26.5 billion, expenses rose by 9.8% to $22.7 billion, and public debt charges increased by 19.4% to $5.3 billion due to higher interest rates.
Net actuarial losses fell by 46.8% to $2.1 billion.
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Canadá reporta un déficit de $14,5B, ligeramente inferior al del año pasado, en medio del aumento de los gastos y las tasas de interés.