{"id":702722,"date":"2026-05-30T01:03:12","date_gmt":"2026-05-30T01:03:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/702722\/"},"modified":"2026-05-30T01:03:12","modified_gmt":"2026-05-30T01:03:12","slug":"canada-posts-55-3b-deficit-for-the-2025-2026-fiscal-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/702722\/","title":{"rendered":"Canada posts $55.3B deficit for the 2025-2026 fiscal year"},"content":{"rendered":"<p class=\"c-paragraph\">OTTAWA \u2014 The federal government posted a deficit of $55.28 billion for its 2025-26 fiscal year compared with a $43.15-billion deficit a year earlier, according to the Finance Department\u2019s monthly fiscal monitor report.<\/p>\n<p class=\"c-paragraph\">The department cautioned the figures were not the final result for the 2025-26 fiscal year, which will include additional end-of-year adjustments and be published in the public accounts for the year.<\/p>\n<p class=\"c-paragraph\">Revenue for the period stretching from April 2025 to March this year totalled $500.02 billion, up from $494.81 billion in the same period a year earlier.<\/p>\n<p class=\"c-paragraph\">Program expenses, excluding net actuarial losses, for the year totalled $487.89 billion, up from $480.29 billion.<\/p>\n<p class=\"c-paragraph\">Public debt charges for the year amounted to $53.71 billion compared with $53.65 billion a year earlier.<\/p>\n<p class=\"c-paragraph\">Net actuarial losses totalled $13.70 billion compared with $4.02 billion a year earlier.<\/p>\n<p class=\"c-paragraph\">&#8212;<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published May 29, 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"OTTAWA \u2014 The federal government posted a deficit of $55.28 billion for its 2025-26 fiscal year compared with&hellip;\n","protected":false},"author":2,"featured_media":702723,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46,714],"class_list":["post-702722","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy","tag-politics"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/702722","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=702722"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/702722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/702723"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=702722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=702722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=702722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}