Canada will keep up heavy but ‘limited’ coronavirus spending: Freeland

Canada will continue spending heavily to combat a coronavirus pandemic but the government’s response is limited and temporary, Finance Minister Chrystia Freeland said on Wednesday. Freeland made her remarks to … Read More

Canada’s deficit to hit $330B as coronavirus lands ‘permanent’ economic impact

By Staff The Canadian Press Posted September 29, 2020 11:21 am Smaller font Descrease article font size –A Larger font Increase article font size A+ The parliamentary budget office says … Read More

Canada’s federal deficit hits $148.6B amid coronavirus pandemic

OTTAWA — The federal government ran a deficit of $148.6 billion during the first four months of its 2020-2021 fiscal year, the result of unprecedented spending in response to the … Read More

Coronavirus: Federal government ran $120.4B deficit from April to June

OTTAWA –The federal government ran a deficit of $120.4 billion during the first three months of its 2020-2021 fiscal year as the treasury pumped out aid to cushion the impact … Read More

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