{"id":952143,"date":"2026-10-30T17:34:09","date_gmt":"2026-10-30T17:34:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/952143\/"},"modified":"2026-10-30T17:34:09","modified_gmt":"2026-10-30T17:34:09","slug":"canadas-deficit-for-fiscal-year-reached-5-4b-in-first-5-months","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/952143\/","title":{"rendered":"Canada&#8217;s deficit for fiscal year reached $5.4B in first 5 months"},"content":{"rendered":"<p class=\"c-paragraph\">OTTAWA \u2014 The federal government posted a deficit of $5.36 billion for the first five months of its 2026-27 fiscal year.<\/p>\n<p class=\"c-paragraph\">In its monthly fiscal monitor report, the Finance Department says the result compared with a deficit of $11.07 billion in the same April-to-August period a year earlier.<\/p>\n<p class=\"c-paragraph\">The deficit came as revenue totalled $215.54 billion, up from $201.18 billion a year earlier, helped by higher personal income tax revenues, other revenues and GST revenues, offset in part by lower customs import duties and energy tax revenues.<\/p>\n<p class=\"c-paragraph\">Program expenses excluding net actuarial losses amounted to $195.95 billion, up from $187.16 billion in the same period last year, due mainly to increases in direct program expenses and major transfers to persons.<\/p>\n<p class=\"c-paragraph\">Public debt charges totalled $25.10 billion, up from $23.01 billion.<\/p>\n<p class=\"c-paragraph\">Net actuarial gains amounted to $150 million compared with a net actuarial loss of $2.08 billion a year earlier.<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published Oct. 30, 2026.<\/p>\n<p class=\"c-paragraph\">The Canadian Press<\/p>\n<p>Related Stories<\/p>\n","protected":false},"excerpt":{"rendered":"OTTAWA \u2014 The federal government posted a deficit of $5.36 billion for the first five months of its&hellip;\n","protected":false},"author":2,"featured_media":952144,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46,47,714],"class_list":["post-952143","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy","tag-national","tag-politics"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/952143","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=952143"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/952143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/952144"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=952143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=952143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=952143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}