Federal government reports $25.5B deficit for its April-to-February period

OTTAWA — The federal authorities posted a budgetary deficit of $25.5 billion for the April-to-February interval of its 2025-26 fiscal yr.

In its month-to-month fiscal monitor, the Finance Division says the end result in contrast with a deficit of $19.3 billion for a similar interval of 2024-25.

The end result got here as income totalled $453.2 billion for the 11-month interval, up 0.8 per cent from $449.8 billion a yr earlier.

In the meantime, program bills excluding web actuarial losses amounted to $424.9 billion, up 2.1 per cent from $416.1 billion for a similar interval within the earlier yr.

Public debt fees totalled $49.3 billion, roughly the identical as yr earlier.

Internet actuarial losses had been $4.6 billion, in contrast with $3.7 billion a yr in the past.

This report by The Canadian Press was first revealed April 24, 2026.

The Canadian Press

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