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Canada posts $5.36B deficit for first five months of 2026-27 fiscal year (www.ctvnews.ca)
submitted 1 week ago by to c/canada@lemmy.ca
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OTTAWA — The federal government posted a deficit of $5.36 billion for the first five months of its 2026-27 fiscal year.

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.

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[–] 1 point 5 days ago

Is that debt they are paying back, or is that shit they bought and are going to be contractually obligated to pay over thr 2 years?

Either way completely different than the paper loss

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