Liberal

Liberal government runs $1.4B budgetary deficit in first two months of 2019-20

Jul 26, 2019 | 11:49am

OTTAWA — A new preliminary estimate says the federal government posted a budgetary deficit of $1.4 billion through the first two months of the current fiscal year. The Finance Department’s numbers show the combined shortfall for April and May 2019 came after government spending and public debt charges expanded at a pace about three times higher than revenues. The report says expenses during those […]

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