{"id":504639,"date":"2026-02-28T05:50:13","date_gmt":"2026-02-28T05:50:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/504639\/"},"modified":"2026-02-28T05:50:13","modified_gmt":"2026-02-28T05:50:13","slug":"federal-government-reports-deficit-of-26-1b-for-its-april-to-december-period","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/504639\/","title":{"rendered":"Federal government reports deficit of $26.1B for its April-to-December period"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">OTTAWA \u2014 The federal government posted a budgetary deficit of $26.14 billion for the April-to-December period of its 2025-26 fiscal year.<\/p>\n<p class=\"yf-1fy9kyt\">In its monthly fiscal monitor, the Finance Department says the result compared to with deficit of $21.72 billion reported for the same period a year earlier.<\/p>\n<p class=\"yf-1fy9kyt\">The result came as revenue totalled $363.36 billion for the nine-month period, up from $355.62 billion a year earlier, reflecting increases in customs import duties due to the countermeasures imposed in response to U.S. tariffs, and corporate and personal income tax revenues.<\/p>\n<p class=\"yf-1fy9kyt\">Meanwhile, program expenses excluding net actuarial losses amounted to $344.91 billion compared with $333.20 billion a year earlier, due to increases in direct program spending, major transfers to persons and major transfers to provinces, territories and municipalities.<\/p>\n<p class=\"yf-1fy9kyt\">Public debt charges totalled $40.86 billion, down from $41.12 billion a year earlier, due to lower short-term interest rates on treasury bills and lower net interest on cross-currency swap transactions and other liabilities.<\/p>\n<p class=\"yf-1fy9kyt\">Net actuarial losses were $3.74 billion, up from $ 3.02 billion a year earlier.<\/p>\n<p class=\"yf-1fy9kyt\">This report by The Canadian Press was first published Feb. 27, 2026.<\/p>\n<p class=\"yf-1fy9kyt\">The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"OTTAWA \u2014 The federal government posted a budgetary deficit of $26.14 billion for the April-to-December period of its&hellip;\n","protected":false},"author":2,"featured_media":504640,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[201300,45,49,48,46,201301],"class_list":["post-504639","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-budgetary-deficit","tag-business","tag-ca","tag-canada","tag-economy","tag-finance-department"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/504639","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=504639"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/504639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/504640"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=504639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=504639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=504639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}