{"id":366732,"date":"2025-12-24T21:38:09","date_gmt":"2025-12-24T21:38:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/366732\/"},"modified":"2025-12-24T21:38:09","modified_gmt":"2025-12-24T21:38:09","slug":"federal-deficit-grows-to-18-4-billion-for-april-to-october-period","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/366732\/","title":{"rendered":"Federal deficit grows to $18.4-billion for April-to-October period"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

The Peace Tower on Parliament Hill in Ottawa.Sean Kilpatrick\/The Canadian Press<\/p>\n

The federal government ran a budgetary deficit of $18.4-billion for its April-to-October period.\u00a0<\/p>\n

The result compared with a deficit of $14.5-billion for the same period a year earlier, according to the Finance Department\u2019s monthly fiscal monitor report.<\/p>\n

The deficit came as revenue for the seven-month period rose to $279.8-billion, up from $273.4-billion a year earlier, boosted by customs import duties imposed in response to U.S. tariffs, and higher corporate and personal income tax revenues.\u00a0<\/p>\n

Program expenses, excluding net actuarial losses, totalled $263.3-billion, up from $253.1-billion a year ago, due to increases in direct program expenses, major transfers to persons, and major transfers to provinces, territories and municipalities.<\/p>\n

Ottawa to shift nearly $1-billion from public-service pension fund to general revenues<\/a><\/p>\n

Public debt charges were $32-billion, down from $32.5-billion, mainly due to lower short-term interest rates on treasury bills and lower net interest on currency swap transactions.<\/p>\n

Net actuarial losses for the period amounted to $2.9-billion compared with $2.3-billion a year ago.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: The Peace Tower on Parliament Hill in Ottawa.Sean Kilpatrick\/The Canadian Press The federal…\n","protected":false},"author":2,"featured_media":366733,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[901,888,902,879,877,903,45,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-366732","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-business","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/366732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=366732"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/366732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/366733"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=366732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=366732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=366732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}