Federal government reports $25.5B deficit for its April-to-February period
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
OTTAWA – The federal government posted a budgetary deficit of $25.5 billion for the April-to-February period of its 2025-26 fiscal year.
In its monthly fiscal monitor, the Finance Department says the result compared with a deficit of $19.3 billion for the same period of 2024-25.
The result came as revenue totalled $453.2 billion for the 11-month period, up 0.8 per cent from $449.8 billion a year earlier.
Meanwhile, program expenses excluding net actuarial losses amounted to $424.9 billion, up 2.1 per cent from $416.1 billion for the same period in the previous year.
Public debt charges totalled $49.3 billion, roughly the same as year earlier.
Net actuarial losses were $4.6 billion, compared with $3.7 billion a year ago.
This report by The Canadian Press was first published April 24, 2026.