Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Canada's federal deficit widened to $18.4 billion in first seven months of 2025, driven by higher spending and rising revenues.

flag Canada’s federal government posted a $18.4 billion budget deficit from April to October 2025, up from $14.5 billion the previous year, according to the Finance Department. flag Revenue rose to $279.8 billion, driven by higher import duties from U.S. tariff countermeasures and increased income taxes. flag Program spending climbed to $263.3 billion, fueled by higher transfers to individuals and provinces. flag Debt charges fell slightly to $32 billion due to lower short-term interest rates. flag Net actuarial losses rose to $2.9 billion.

6 Articles